Nortek Air Solutions Announces Price Increase to All Products
Increase will initially be 6%, with a range of 2-10% based on material content and type
ST. LOUIS — Nortek Air Solutions is announcing a six percent price increase effective immediately to all product lines, with a range of 2-10 percent based on material and content type. This increase is in response to the US government issuing new tariffs on imported steel (25 percent) and imported aluminum (10 percent).
The cost increase affects both domestic steel and domestic aluminum, and may be subject to change as the market impact is fully evaluated and adjustments by suppliers to raw materials has stabilized.
Publication date: 4/10/2018