15 OCTOBER 2015www.businesswire.com
Bonnell Aluminum announces price increase for 2016
Edited by : AL CIRCLE
1 min read
Bonnell Aluminum, including its wholly-owned subsidiary AACOA, Inc., announced that it is implementing a price increase of $0.035 per pound on base conversion, 6% on anodizing, 10% on paint, and 3% on fabrication services, effective with shipments on and after January 11, 2016.
“Due to the tight market for skilled labor in the areas where our plants are located, the costs associated with recruiting, training, and retaining skilled workers have continued to rise above what we are able absorb,” said Ira Endres, Vice President Sales and Marketing. “This price increase is necessary to offset the impact of these rising costs, and it allows for critical investments in our business to ensure that we have the quality, service, capacity, and capability to meet our customers’ demand.”
The price increase will apply to the sales of all extruded products and related services.
“Due to the tight market for skilled labor in the areas where our plants are located, the costs associated with recruiting, training, and retaining skilled workers have continued to rise above what we are able absorb,” said Ira Endres, Vice President Sales and Marketing. “This price increase is necessary to offset the impact of these rising costs, and it allows for critical investments in our business to ensure that we have the quality, service, capacity, and capability to meet our customers’ demand.”
The price increase will apply to the sales of all extruded products and related services.
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