Pricing Notification from Parker Instrumentation Products Division
June 2, 2018
In response to the recent tariff laws and continuously increase raw material costs, Parker Instrumentation Products Division will be making list price adjustments. Inflationary pressures such as freight, logistics, energy, and raw materials are driving the requirements for additional price increases. The additional adjustments will vary due to product offering and lifecycle management.
The below charts are to reinforce the increasing of raw materials and constituent costs affecting manufacturers.
Price adjustments are as follows:
- All Steel Compression & Pipe Fittings 12%
- Brass Compression & Pipe Fittings 7%
- 316SS A-LOK® Compression Fittings 5%
- 316SS CPI Compression Fittings 2%
- Legacy Valves 5%
- PGI 2%
- Autoclave 2%
The price changed will take effect at the time of order entry. Orders entered prior to July 2, 2018 will be processed and shipped at the prior prices until all prior orders are fulfilled. Orders entered on or after July 2, 2018 will be processed, shipped and invoiced at the new price regardless of the time of shipment. National agreement rebates will be adjusted as needed (where applicable) until notifications are made.
We appreciate your continued business and support as we strive to offer you the highest levels of service, quality, and value. Should you have any questions, please do not hesitate to contact us.