The cost of raw materials for our coil products (specifically copper, aluminum and crating lumber), along with freight costs, have continued to escalate. These cost pressures can no longer be absorbed at our current price levels. As a result, we are forced to pass along a 5% price increase effective on all orders received after October 7^th, 2005.

An updated program will be available for download from our website, www.precision-coils.com, on September 30^th. The new version 3.4 program will update the list prices so that your current multipliers remain the same.

As you know, our competitors have been increasing prices all along, so this increase will not affect your ability to be competitive in our market. Please feel free to contact me with any questions you may have.