HTPG Announces Price Increase

HTPG Announces Price Increase Effective July 2, 2018

 Increase due to rising costs of raw materials and freight

 ATLANTA – May 3, 2018 – Heat Transfer Products Group, LLC (HTPG), manufacturer of commercial refrigeration equipment sold under the recognized brands of Russell, Witt, Kramer and ColdZone, announces a general price increase of 4% for equipment, accessories and parts orders received on July 2, 2018 and thereafter. This increase is due to rising costs of raw materials, caused by new U.S. tariffs on imported steel and aluminum, and also rising freight costs.

 We know the new tariffs negatively affect all HVACR manufacturers and their customers,” said Paul Westbrook, Director of Sales and Marketing. “We truly appreciate our customers and regret the necessary price increase. Partnering with them to help them succeed is why we are in business. he continued.

 

 Pricing documentation will be available on each brand’s website as soon as possible.

 

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  About HTPG

Heat Transfer Products Group, LLC (HTPG), headquartered in Duluth, Georgia, is a manufacturer of commercial refrigeration products including condensing units, evaporators, air cooled condensers, surface and case coils for OEM’s, custom air handling units, reach-in unit coolers, compressor racks for food service applications, and refrigeration system solutions. The company’s complete line of energy-efficient heat transfer equipment is sold under the recognized premium brands: Russell, Witt, Kramer, and ColdZone. These long-established, trusted brands have been industry leaders from their inception. To learn more, visit www.htpg.com.

About Rheem 
Founded in 1925, Rheem is the only manufacturer in the world that produces heating, cooling, water heating, pool/spa heating and commercial refrigeration products. Rheem is headquartered in Atlanta, and has an international presence in 14 countries. The company’s premium brands include Rheem, Raypak, Ruud, Eemax, Richmond and Splendid, as well as commercial refrigeration brands Russell, Witt, ColdZone and Kramer, which are part of the company’s Heat Transfer Products Group (HTPG) division. To learn more, visit www.Rheem.com.