WIELSBEKE, Belgium — November 19, 2018 — Beaulieu Engineered Products announced global price increases across its Fibres, Yarns and Technical Textiles divisions effective as of January 1, 2019, or as contract terms allow.
The move follows on-going significant increases in energy, raw material and delivery costs.
Sales representatives will contact customers individually over the coming weeks to discuss the impact of the price changes on their specific products.
Karena Cancilleri, Vice President of Beaulieu Engineered Products, commented: “Through the price increases, Beaulieu Engineered Products will be able to maintain the level of innovative and reliable support our customers expect. At the same time, our three divisions will continue to look at ways to improve their operations to limit the effect of any further internal cost increases on customers.”
Posted November 19, 2018
Source: Beaulieu International Group