Western Gasco, the largest welding gases and supplies store in British Columbia, Canada, has announced a price increase across its industrial gas product range.

Prices will rise by 5% for industrial gases, cylinder rentals, welding products, industrial products and safety products.

The Canadian company cited the climbing costs of raw materials, increases from suppliers and increases in transportation, power and labour costs as the reasons behind the price hike.

Coins upward trend graph

Despite these rising costs, the company insisted that it will not levy surcharges, regulatory compliance charges or minimum invoice charges.

In a statement, Western Gasco signified, “While you may see modest increases in the coming months, Western Gasco remains committed to finding efficiencies and cost savings to reduce their overall impact.”

Adjusted prices will be effective as of 6th March, 2017.