This is subject to provisions in individual contracts.
“The price increase is vital to our efforts in meeting the strong and growing demand for our products,” said Dennis Parker, president and CEO. “While AMI regularly invests to maintain its leadership in consistent high-quality products, service and environmental stewardship, this past year has seen an extraordinary rise in many raw materials and services. The cost pressures from freight, packaging, labor, health insurance and mining necessitate we pass on a small part of these cost increases.”
AMI’s products add value to a wide range of applications in paint & coatings, joint tape compounds, drilling muds, adhesives & sealants, and many others.