Indeed I love fishing, but these days limiting it to bass with tree buds. Attached is one with Scott Prophett (Portawrap coinventor from Atlanta) in NC recently.
Geez Louise. You guys ever had that competitor who doesn't simply underbid your price and move on, but goes out of their way to deliver petty untruths to good customers in an attempt to undermine precious relationships?
The fact is that Samson (headquartered in the same state, correction, same city as aforementioned truth dodger) and Petzl (among primary suppliers) distributed notice 2 months ago to ALL resellers of their products. Below is cut and paste documentation for your review;
________________________________________________________________
June 12, 2008
To our valued customers
In the last several months we have been hit with rapidly escalating raw material and freight prices. These increases are driven by rising energy costs and the continued weakness of the US dollar. The following table illustrates the change in costs over 2007:
Dyneema - 16%
Nylon - 10%
Polyester - 16%
Polypro - 16%
Freight: - 10-15%
As a result of these increases we will be implementing a general price increase of 9%, effective for shipments on or after August 1st, 2008. You will receive new price lists shortly.
Our goal with this price increase is to recover the majority of our direct material and freight cost increases. While we have also experienced wage and overhead cost increases, we continue to offset these increases through manufacturing efficiency programs such as lean manufacturing. As a result of these programs we have been able to offset wage and overhead cost increases for the last 3 years with productivity improvements, allowing us to only pass on material and freight cost increases beyond our control.
We appreciate your continued support. If you have any questions please contact your sales manager, our Customer Service team, or you may contact me or any member of our management team directly.
Sincerely,
Tony Bon
President
___________________________________________________________________
Subject: PETZL - Price Changes effective July 1, 2008
Greeting Petzl dealers,
The turbulence of the economy, rising materials costs, and soaring petroleum prices have affected all of us. The US Dollar has lost significant ground against the Euro recently hitting an all time high of $1.60 to €1, which has dramatically impacted our cost of goods.
While we have always strived to hold prices for the calendar year, with great reluctance, we find ourselves forced to increase prices of certain items (see attached PDF) effective July 1, 2008. We aim to have the new price list to you by mid June 2008; these new prices will be effective until December 31st, 2008.
We will honor all orders already in our system at Spring 2008 prices. Orders placed after the date of this letter and scheduled for delivery after July 1st 2008 will be invoiced at the new prices.
We are committed to providing you with the best possible products and the best possible service and hope you will understand why we have to make these changes. We value and appreciate our relationship with Sherrill Tree.
If you have any questions please don’t hesitate to contact me directly.
Michel Goulet
manager - work & rescue division
Petzl America
________________________________________________________________
I should grace room for belief that the responding employee of aforesaid company doesn't receive communication about significant and highly unusual cost increases (first we've seen like this in over 20 years!). It's exactly similar to tree service employees not hearing about the high or escalating cost of gas, a chainsaw, chipper or truck they're assigned to operate. Oh well, life's too short for such politics. I've got to get back to my masters now.
Hope you guys are prepared for other inflation making its way down the pipe. Here's one from this morning's news:
http://www.usatoday.com/money/economy/2007-04-30-econ-survey-usat_N.htm
Cheers all!!