Jason Lawton02.16.05
Valspar said it will raise prices on all industrial powder products 15% effective March 1, and on all liquid and electrocoat products five to 15% effective March 1.
The increases, which are in addition to all previous pricing adjustments, are in response to the rapid run-up in the cost of raw materials used in the manufacture of industrial coatings due to issues of availability and unprecedented increases in the price of raw material feedstocks, the company said.
The increases, which are in addition to all previous pricing adjustments, are in response to the rapid run-up in the cost of raw materials used in the manufacture of industrial coatings due to issues of availability and unprecedented increases in the price of raw material feedstocks, the company said.