October 17, 2020 - Our primary focus at Lamitech has and continues to be exceeding your quality and service expectations. As part of our commitment as your supplier, we recognize the importance of stability not only in our sourcing but also, in controlling the cost of that privilege.
It probably comes as no surprise to most, that raw materials by way of paperboard products, adhesives and films etc., have and continue to escalate in cost. Additionally, and with no less of an impact, freight costs have continued to climb over the past 2 years. Lamitech takes the impact of product pricing seriously and makes every effort to internalize cost increases through increased efficiency and we strive to limit customer impact. Our efforts have always focused on internal efficiencies in production, consumption and performance first. As a direct result, for most it has been years since we have imposed an increase.
Given the continued pressures on many raw materials however, we are compelled to make an adjustment accordingly. Effective with shipments on or after November 9, 2020. This adjustment has become necessary so that we can continue to maintain the levels of product and servicing you have become accustomed to. Within the coming days, we will be in contact to provide pricing specific to your current items and demands.