Manufacturer price increases and tariff updates


Manufacturer Price Increases




COVID-19's IMPACT ON THE GLOBAL SUPPLY CHAIN


The growth and spread of COVID-19 around the world has everyone on edge. Businesses, schools, and healthcare institutions are all implementing their pandemic protocals from 2009 (H1N1) or, they're scrambling now to put something in place. Given the pace of how COVID-19 is proliferating, the impact to business operations is imminent.

According to a survey conducted ealier in March by the National Association of Manufacturers, 78.3% of manufacturer respondents say that the COVID-19 outbreak is likely to have a financial impact on their businesses; 53.1% of manufacturers are anticipating a change in their operations in the coming months; and 35.5% say that they are already facing supply chain disruptions. Just as we learned from the recent disruptions caused by the trade wars, this pandemic will expose the vulnerabilities of many manufacturers, especially those who have a high dependence on China to fulfil their need for raw materials or finished goods....

Additional information on our COVID-19 page

March 19, 2020: The latest macroeconomic update from Cleveland Research, focuses on the widening spread of COVID-19 including key data sets that may help forecast the economic impact over the next 60-90 days.

The report includes 3 sections:

  • Economic Impact in China of COVID-19 in January and February
  • Current Economic Recovery Trends in China
  • Potential Implications for the U.S. Economy (based on Chinese trends)


Download The Cleveland Research "COVID-19 ? Reviewing the Economic Impact in China (Slowdown & Recovery) and Its Potential Implications for the U.S. Economy"




Manufacturer Price Increase Notifications

Periodically, during the course of the year, our manufacturers will send out notifications of price increases to cover increases to their raw materials; steel, copper, aluminum, zinc, plastic resins, and so on. Connexion posts these price increase notifications towards helping our customers with their cost budgeting and assist in any available pre-increase purchase opportunities.

ManufacturerPDFIncrease PercentageEffective Date
Hammond Manufacturing1 - 4% by product category

4/27/2020

Arlington Industries2% General & 5% Selective

3/16/2020

Lutron ElectronicsUndefined

3/1/2020

Ideal Industries1 - 3.7% by product category

3/1/2020

ABB Industrial Solutions2 - 4%

2/7/2020

Bridgeport2%

2/3/2020

Broan/Nutone2 - 4%

2/3/2020

American PolywaterAvg. 1%

1/1/2020

Legrand WattstopperUndefined

1/1/2020

Burndy4 to 6% across most products

1/1/2020

Stanley Black & DeckerUndefined

1/1/2020

LEDVANCE10% (delayed until Jan. 1, 2020)

10/1/2019
1/1/2020

Signify (Philips Lighting) 2 of 2Selective 15%

1/1/2020
Cancelled

Download the Manufacturer's Notification of Price Increase




Last Update:3/26/2020

Questions? Please contact your Connexion sales representative for details; including product lines affected and available pre-increase purchase opportunities.

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