Dear Valued Partner.
All of us at Heat Transfer Products Group appreciate and thank you for your business partnership. This past year has been unprecedented and has caused all of us to modify how we run our businesses and live our lives. This continues to be a unique and challenging time for our industry and the world.
The pandemic has introduced challenges internally, in our supply chain, and in the overall economy. We have incurred increased raw material, component, manufacturing operations, freight, and logistics costs. As a result, HTPG will be implementing a general list price adjustment of approximately 5% for most equipment and parts. The increase is on equipment, accessories and parts orders received on or after February 1st, 2021. Orders that are received prior to this date, for standard lead times, will not be affected.
As your partner, we want to help your business rebound and thrive in 2021 and beyond. We truly appreciate your business and look forward to a very successful 2021 for all of us.