RAE Corp. Implements 2017 Price Increase
Market factors dictate price increase
PRYOR, Okla. — RAE Corp., an industry leader in the design and production of engineered HVACR systems, announces they will be implementing a 3 percent to 5 percent increase in equipment prices and a 4 percent to 7 percent increase in coil prices starting Jan. 4, 2017. The price increase reflects economic factors such as rising material costs, as well as market dynamics. The company makes products at competitive prices, maintaining quality and using innovative technology.
Over the past two years, RAE has invested in their work force by increasing the number of full-time employees. With this change, the company will continue to produce the highest-quality products and maintain on-time delivery services even with increased production. This will ultimately benefit the customer experience.
The price increase will be primarily impacted by the raw material content of the RAE equipment purchased. The increase in the cost of aluminum, stainless steel, galvanized steel, and copper directly impacts product prices.
All orders received by RAE after Jan. 3, 2017 will be subject to this price increase. Exemptions must be pre-approved in writing by your account manager. RAE solutions will be updated to reflect the price change, and the new versions will be available on Jan. 4, 2017.
For more information, visit www.RAECorp.com.
Publication date: 12/29/2016