As many of you know, we continued to be at reduced capacity for the first half of 2021 due to Covid restrictions and supply chain disruption so we have already had to absorb losses during that period.
Major supply chain disruptions are still occurring and we are having to pay enormous premiums (up to 200% extra) to receive raw materials on time in order to continue at full capacity. We've also had increased payroll costs to replace those who left us during the Covid period.
Consequently there have to be substantial price increases from 1/1/2022. I am trying to calculate these as accurately as possible given that the raw material costs are far from equal for each different chip.
A link to the new price list for custom clay chips from 1/1/2022 will be posted on the website next week. As always, any orders placed and paid for by 12/31 will be 'exempt' from the increases.
There will be corresponding increases to most other products and premiums (including color premiums, samples, stock sets, hotstamping).
Major supply chain disruptions are still occurring and we are having to pay enormous premiums (up to 200% extra) to receive raw materials on time in order to continue at full capacity. We've also had increased payroll costs to replace those who left us during the Covid period.
Consequently there have to be substantial price increases from 1/1/2022. I am trying to calculate these as accurately as possible given that the raw material costs are far from equal for each different chip.
A link to the new price list for custom clay chips from 1/1/2022 will be posted on the website next week. As always, any orders placed and paid for by 12/31 will be 'exempt' from the increases.
There will be corresponding increases to most other products and premiums (including color premiums, samples, stock sets, hotstamping).