Cooper B-Line
509 West Monroe Street
Highland, IL 62249
Phone: 618-654-2184
Fax: 618-654-9191
January 16, 2004
To: All Cooper B-Line Distributors or Wholesalers, Manufacturer’s Representatives, and Sales Personnel
Subject: Price Increase Announcement
As we have all read and experienced first hand the far ranging economical stresses experienced by the steel industry from government intervention to global trade organization responses, we enter 2004 faced with continued expected changes and volatility in the supply of steel. Virtually all United States steel mills have announced significant price increases as supply has been outpaced by demand in recent months. Due to these latest increases in raw material costs, Cooper B-Line must hereby announce a price increase.
Effective March 15, 2004, new pricing will take affect across our product lines as indicated below:
- Strut and Fittings will be increased by an average of 3%
- Price Sheet BF04PS replaces BF02PS
- Electrical Enclosures will be increased by approximately 3%
- Price Sheet ENCPLE-04 replaces ENCPLE-02
- Price Sheet ENCPLW-04 replaces ENCPLW-02
- Meter Mounting Equipment will be increased by 3%
- Price Sheet MTRPL04 replaces MTRPL02
- Pipe Hangers and Supports will be increased by an average of 3%
- Price Sheet PH04PS replaces PH02PS
You should receive a CD containing all current and impending price lists no later than February 13, 2004. If you have not, please contact B-Line for the CD or for actual printed versions.
Please note that the increases indicated above are generally descriptive of the increases to distributor (Net) pricing for the respective price sheets in which the products are listed and offered for sales. For item specific price increases, please refer to the appropriate price list. Further, this announcement is intended to provide notice that all previous price sheets currently in effect shall be deemed invalid and will be replaced by the appropriate sheets indicated for all orders received March 15, 2004 and thereafter.
As an additional service, we can provide customer specific spreadsheet versions of the price lists. Please e-mail your request to Mike Swiney at mswiney@cooperbline.com and he can assist you. Please include your name, company name, address, phone number, applicable price list requested and B-Line account number in order to assist us in expediting the process.
Should you have any questions regarding this announcement, please contact your local B-Line Manufacturer’s Representative or your B-Line salesperson directly. We sincerely thank you for the support you have given us in the past and look forward to serving you in the future.
Respectfully,
David L. Rice, P.E.
Vice President, Marketing