ProWood reports pricing increase

Date:

Increases in chemical and other costs have forced ProWood to hike its selling prices to consumers by 15% to 20%.

Edensaw Woods - Marine Plywood & Lumber Yard Supply in Washington State (WA)

“Over that last several months we have absorbed broad increases in raw materials costs. We cannot continue to do so while maintaining our commitment to our stakeholders, including our customers, for long-term success. We strive to provide the best value in the market and know that even with these price increases we will be providing an excellent value for our customers.” Ryan Kemp, Executive Vice President of ProWood, stated.

These unprecedented measures reflect market hikes passed on by chemical suppliers, who cite global raw material shortages and instabilities, as well as rising energy, labor, and logistic costs, according to Kemp.

Proper price control will ensure that ProWood products are available indefinitely.

He stated that specific increases vary depending on geographic region, solutions given, and market(s) served.


Amazing Builder Partners



Glenn Pierce
Glenn Pierce
Glenn is our New York City correspondent covering home improvement, DIYs, and home renovation reports in New England areas.

Popular

Share post:

More like this
Related

TopBuild Corp. will purchase Specialized Products and Insulation

TopBuild Corp., an installer and specialist distributor of insulation...

Consumers’ Confidence Stalled Despite Concerns about the Future

This pessimism was mostly caused by ongoing inflation, particularly...

Missing Middle Construction Stalled Since Great Recession

The missing middle construction sector comprises the development of...

Single-family Starts Post Unexpected Gain in September

Despite high mortgage rates averaging more than 7%, single-family...

Accoya USA sets ground on a new facility in Tennessee

Accoya USA LLC started work on its US production...

First Coastal Exteriors Joins Beacon

Beacon announced the completion of its acquisition of First...

The Confidence of Multifamily Developers has Increased, Although it Remains Negative

According to the results of the Multifamily Market Survey...

Home Improvement Projects ROI Outlook: The 2020 Cost vs. Value Report

According to Remodeling magazine, The 2020 Cost vs. Value...

Lugbill Supply Center celebrates grand reopening event

On September 23, Lugbill Supply Center in Archbold, Ohio,...

US LBM acquires Florida’s Manning Building Supplies

US LBM, a specialty building materials distributor in the...

Wood Partners Breaks Ground in One of Texas’s Fastest Growing Counties

Wood Partners, a national leader in multifamily real estate...

Housing Starts Lower on Rising Mortgage Rates

Higher mortgage rates averaging above 7% slowed single-family production...

NAR: Existing home sales increased in January 2024

Following a cycle low in December, existing house sales...

Better Doors and Windows has Joined Forces with Compose Build

Better Doors and Windows, a door and window manufacturing...

Zillow Partners with Redfin for New Construction Listings

New-construction listings from Zillow Group will soon be automatically...

Lennar Introduces New Single-Family Houses and Models in Shearwater

Lennar, one of the nation's leading homebuilders, has recently...