Jain implements a 10% price increase on extruded items

Kevin Stewart, Jain Ag Sales Director USA/Canada, and Richard Restuccia, Jain Vice President, Water Management Solutions have written an announcement about Jain. Here is the full-text.

Dear Valued Customer,

Our company has been managing through the COVID-19 environment and challenges associated.  We had some supply chain impacts as most companies have, and we appreciate your patience.  Irrigation supply chains are stabilizing, and we are still in a challenging environment. We have priced our products competitively and remain flexible in this competitive environment.

We only purchase virgin resins specifically made for our industry, primarily from DOW Chemical, Inc.  The resins and practices we deploy allow us to offer the best performance products with the industry’s longest warranty.

Our premium irrigation resin suppliers have all implemented resin price increases in June ($0.04/lb), July ($0.05/lb), and they have nominated an increase for August ($0.05/lb).  These are significant increases we can no longer absorb, and so we are implementing a 10% price increase on extruded items including:

  • Drip Tape
  • Emitterline
  • Layflat & Oval Hose
  • Tubing

Our goal is to keep pricing competitive. The price increase only reflects the resin increase.

All orders need to be entered on or before September 1st, 2020, and ship no later than October 1st, 2020, to avoid an increase.

We appreciate and value your choice to rely on Jain for your customer needs.  We endeavor to provide you the best quality, service, efficiency, and partnership in “leaving this world better than you found it.”

Thank you for your continued support.

Sincerely,

Kevin Stewart, Ag Sales Director USA/Canada,

Richard Restuccia, Vice President, Water Management Solutions

Courtesy of jainusa.com

Source: Jain