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News & Views

Testrite Managing Aluminum and Steel Price Increases

posted by Admin User at 2018-06-08 09:39:00

Most of our products are constructed from Aluminum and Steel. Tariffs were recently put in place on these metals. As a result, their prices have increased dramatically.
While we try to keep our prices relatively consistent, the amount of the increase is too much for Testrite to absorb. As a result, we are in the midst of updating our pricing for standard items to reflect the current costs of materials. The pricing for custom projects, including re-orders, will be reviewed as we receive requests.  As always, Testrite is laser focused on delivering innovative and value driven solutions for our customers.  Our scale, buying power and commodity purchasing experience help us significantly.
Resellers who want to be kept up to date on all price changes can sign up for automatic weekly emails on our website by clicking on Dealer Tools -> Price Lists, and then checking the box in the upper right hand corner.
We will include a note on the price changes at the bottom of our next email blast and expect to publish on Monday, June 11, 2018.  The new prices will be effective immediately, although we will honor quotes we previously issued so long as the order is placed for the exact product quoted at the same quantity and within 30 days of the date of issue.
If you have any questions, please don’t hesitate to reach out to us. 

posted at: 2018-06-08 09:39:00, last updated: 2018-06-08 09:47:06