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Valspar Announces Price Increase for Liquid Coil and Extrusion Coatings
Monday 31. January 2011 - The Valspar Corporation (NYSE:VAL) has announced price increases for their liquid coil and extrusion coatings product line effective April 1 and March 1, 2011 respectively. The increases range from 6-10% depending on the product type. The increases are the result of rising costs of raw materials.
“The costs for key raw materials continue to escalate, necessitating price increases in our Coil and Extrusion coatings product line,” said Cordell Dietz, vice president and general manager, Coil and Extrusion Coatings. “We remain committed to providing the highest quality products and the best customer service and technical support in the industry.”