Dear Valued Customer,
LAPP greatly appreciates your partnership as we navigate the business challenges of these unprecedented times. As the global economy recovers from the pandemic, the strain on the global supply chain continues to make our operating environment very dynamic and challenging. We continue to see significant inflation from our raw material suppliers, freight companies, direct labor, and manufacturing suppliers and will continue to take actions to mitigate these pressures.
Despite our best efforts to control these costs we are unfortunately in a position where it is necessary for us to pass on an average price increase of 9-12% on new orders effective January 1, 2022. All orders received, entered and shipped prior to the close of business on December 28th will be honored at current price levels. New pricing will apply to all new orders received after December 1 and shipped after January 1, 2022.
LAPP reserves the right to limit orders at prior price levels based on order value or historic average volumes.
Additionally, LAPP has revised our standard order minimum, cut charge, prepaid freight and payment term policies as outlined below.
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.