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%.

“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

Zoom Drain Establishes a New Franchise Site in Jacksonville, Florida

Zoom Drain, a prominent provider of drain and sewer...

First Coastal Exteriors Joins Beacon

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

Kodiak Building Partners acquires Don’s Appliances

Kodiak Building Partners, a distributor of building materials and...

East Texas Hardware Acquired by Nation’s Best

East Texas Hardware has been added to Nation's Best's...

D.R. Horton’s Siding is Now Supplied by James Hardie

The largest fiber cement home siding company in North...

Accoya USA sets ground on a new facility in Tennessee

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

Boise Cascade expands its distribution network in two additional markets.

The Building Materials Distribution branch of Boise Cascade has...

Better Doors and Windows has Joined Forces with Compose Build

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

Inflation Remains High as Housing Costs Continue to Rise

Despite a slowing in year-over-year growth, shelter costs continue...

RoyOMartin invests $9.5M to modernize manufacturing facility in Louisiana

Martco, LLC, the parent company of RoyOMartin, a third-generation,...

JELD-WEN One of Newsweek’s Most Trustworthy Companies for 2023

For the second year in a row, JELD-WEN Holding,...

Colony Hardware Acquires New South Construction Supplies

Jim Sobeck, the owner of New South Construction Supply...

Beacon Opens New Location in West Bend, Wisconsin

Beacon has launched a new branch in West Bend,...

Kodiak Building Partners acquires DHI

Kodiak Building Partners, a building materials distribution acquisition firm...

According to Realtors, The Most Crucial Factor Limiting Purchases is a Lack of Housing Inventory

According to a National Association of Realtors poll, nearly...

Diversified Manufacturing of California Acquired by NASL

Diversified Manufacturing of California (DMOC) dba Profile Wrapping, a...