Lydall Performance Materials Announces a Price Increase
May 09 2018 - 10:01AM
Lydall Performance Materials, Inc. today announced a general price
increase effective with orders placed on or after June 30,
2018. This adjustment is in response to industry-wide
increases in the costs of fibers, resins and freight.
The price increase covers all products supplied
by Lydall Performance Materials' global business and varies by
specific product type.
The continued improvements and implementation of
the Lydall Lean Six Sigma (LLSS) principles has allowed Lydall to
absorb cost increases over the last four years without passing
those costs to most of our customers. Lydall remains
committed to the principles of LLSS and will continue to focus on
cost and efficiency improvements to keep price increases to a
minimum while improving the quality and service levels our
customers rely on.
Lydall Performance Materials, Inc. is a wholly-owned
subsidiary/affiliate of Lydall, Inc. (NYSE:LDL), a New York Stock
Exchange listed company, headquartered in Manchester, Connecticut
with global manufacturing operations producing specialty engineered
products for the thermal/acoustical and filtration/separation
markets. For more information, visit http://www.lydall.com.
Lydall® is a registered trademark of Lydall, Inc. in the U.S.
and other countries.
For further information:
Brendan Moynihan
Vice President, Financial Planning
and Investor Relations
Telephone 860-646-1233
Facsimile 860-646-4917
info@lydall.com
www.lydall.com
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