Andrew Hotchkies, President of Witt Lining Systems, announces a re-design of the Witt Lining Systems web site. The site has been re-designed for easier navigation and with expanded photo gallery which will be continuously updated. You can visit the new web site at www.wittliners.com.
Material price increases from most major raw material suppliers of PVC, polypropylene, polyethylene, polyurethane, nylon, polyester, etc. have been as much as 25% since the beginning of the year. Companies such as DuPont, BASF, Exxon Mobil, and Rohm & Hass have been passing these costs on to material extruders.
We have been able to absorb and counter many of these increases through operational improvements and productivity gains. However, these well publicized price increases have surpassed our ability to counter them through operational and productivity improvements.
Our customers should be looking for a moderate price increase come Labor Day. We will continue to partner with our customers to balance pricing actions to allow our customers to remain strong in their markets while allow us to continue to provide them with industry leading products, service, and support.