Oldcastle BuildingEnvelope announces price increase, effective June 23
In response to flat glass manufacturer price increases, Oldcastle BuildingEnvelope announced a price increase of its own. In a May 31 letter to customers obtained by Glass Magazine, COO Jim Avanzini states: "We received notice from our flat glass manufacturers that pricing on all glass products will increase 8-10 percent, effective June 23, 2011. The increase announcements cite increasing raw material and operating costs, in addition to continued challenging economic conditions despite aggressive cost-control measures.
"In response to this increase and cost increases in many other areas of our business, we will increase our selling price effective June 23, 2011, as follows:
- Clear float products, including patterned glass 10 percent
- All tinted products 8 percent
- All coated products 8 percent
- All fabrication charges (holes, edgework, etc.) 10 percent"