HTPG ANNOUNCES PRICE INCREASE EFFECTIVE 12-6-2021
November 5, 2021
Dear Valued Partner.
All of us at HTPG appreciate and thank you for your business partnership. We’ve all been living in unprecedented times for almost two years that have caused us to modify how we run our businesses and live our lives. This extended period has presented both opportunities and challenges for us, our customers and suppliers.
The pandemic continues to impact our supply chain, our industry and the overall economy. Freight, raw materials (steel, aluminum, copper, wood and plastics) and critical component costs (compressors, valves and motors) have continued to rise significantly. As a result, HTPG will be implementing a general list price adjustment of 11% on equipment, parts, options and warranties. The increase is on equipment, accessories, options, warranties and parts orders received on or after Dec. 6, 2021. Orders that are received prior to this date, for standard lead times, will not be affected.
We truly value your business and are here to serve you and assist you in servicing your customers. As your partner, we want to help your business thrive now and in the future. We look forward to a successful 2022 for all of us.