PGI To Raise Prices

Polymer Group Inc. (PGI), Charlotte, has announced price increases globally across all products.
The company said the hikes will vary based on product composition, but generally will exceed 10

PGI attributes the increases to record high prices — in some cases, increasing by more than
30 percent — charged by its suppliers  for both resin and fiber-based raw materials including
polyester, polypropylene, pulp and rayon.

January 29, 2008