Dear Valued Customer,
LAPP greatly appreciates your business partnership during these unprecedented times. The strain on the global supply chain continues to make our operating environment very challenging. We continue to see significant cost inflation from our raw material suppliers, transportation companies, direct labor, and manufacturing suppliers. LAPP will remain proactive in taking actions to mitigate these cost pressures.
Despite our best efforts to control these costs, we are unfortunately in a position to pass on an average price increase of 14-21% on new orders effective June 1, 2022. All orders received, entered, and shipped prior to the close of business on May 27th will be honored at current price levels. New pricing will apply to all new orders received after May 1 and shipped after June 1, 2022.
LAPP reserves the right to limit orders at prior price levels based on order value or historic average volumes.
LAPP refuses to compromise on quality. These actions will allow us to continue to provide our customers with the expected quality and service they deserve.
We appreciate your business and look forward to serving your future needs. If you have any questions, please contact your local Regional or District Sales Manager.