Affected Customers:
All pricing will be affected: list, job quote and net sheet pricing.
All finishes will be affected: SMC, AcrylX™, Cast Acrylic, BMC, LRTM, NexTile™, Utile and Porcelain.
All channels will be affected: US and Canadian wholesale and retail, manufactured structures and commercial.
Pricing:
Price adjustment on all fiberglass and resin based products, parts and accessories will be approximately 11% (SMC, AcrylX™, Cast Acrylic, BMC, LRTM, Utile and NexTile™).
Price adjustment on porcelain and shower door products will be approximately 5%.
Due to extraordinarily high order intake activity, the last opportunity to submit orders for current 2021 pricing is Friday, May 7 at 12pm CST.
New net sheet price data will be delivered by end of business Monday, May 10.
Reserve Allocation:
Due to significant raw material shortages and extraordinary order intake, a reserve allocation plan will be implemented immediately on all fiberglass and resin based products.
Porcelain and shower door products are not affected at this time. Allocation numbers will be delivered to you by your local sales agent by end of business Friday 14.
Note: Customer care will not have allocation numbers until Friday May 14.
The gap between price delivery and allocation delivery will essentially pause order entry for one week to facilitate system/price updating for ABG and our customers.
Current Purchase Orders:
We will honor all current open orders, including those with the 6% surcharge.
Quotes:
We will honor all current and future quotes for 30 days from issuance until further notice. This includes the new quotes reissued in the last two weeks. We understand this is a retraction of the six months maturity date. Regretfully, our vendors announced untenable terms the week after our last letter was released.
All quotes will have a 30-day maturity with a six-month delivery requirement.
ABG Summer Pricing Allocation 05072021.pdf
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