MPL ANNOUNCES PRICE INCREASES EFFECTIVE FEBRUARY 1ST 2022
January 31st, 2022
The Cultured Marble industry finds itself under extreme pressure with rapidly rising raw material costs. Manufacturers such as MPL are tasked with keeping our operational costs under control while global shortages of raw materials, especially resin and lumber, affect our manufacturing flow.
As we continue to experience increases, our ability to control costs through continuous improvement and efficiencies has been outpaced, leading to some material shortages and extended lead times. Though we work tirelessly to keep these issues from affecting you and your customer, MPL is not immune to these challenges or the escalation of operating costs they create – currently felt across all industries. Therefore, as we strive to provide you with industry-leading quality and service, we must take the following pricing action:
Effective February 1st, the following price increases will take effect for all quotes:
Panels up to 4.2% increase
Shower Pans by 3.3% on average
Accessories by 2.3% on average
Crating Upcharge will increase to 7.3% of material sub-total.
These are unprecedented times, but with partners like you by our side, we have met the challenges together with resilience. MPL believes that “your success is our success.” We are grateful for your loyalty. Our customer-focused staff and sales representatives are at the ready to assist you with questions and address your concern as we look forward to brighter days, together.