Worthington Industries has announced a price increase on North American composite cylinder products.
Price increases are effective on orders placed on or after 1st April (2019).
“Increasing costs associated with changing global market dynamics have required us to make adjustment to offset these inflationary pressures,” said Ryan Murry, Director of North America High Pressure for Worthington Industries.
Worthington, which has its headquarters in Columbus, Ohio, is a diversified metals manufacturing company with 2018 fiscal year net sales of $3.6bn.
Air Products will increase its product pricing, monthly service charges, and surcharges for merchant customers in North America on 1st January 1st (2019) or as contracts permit.
Worthington Industries, Inc. has released its second quarter fiscal 2019 results, which ended 30th November 2018.
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