Voith to Increase Paper Machine Clothing Prices in North America
Jan. 24, 2019 - Voith has announced that it will increase prices on paper machine clothing in North America by 3 percent effective February 1, 2019. All orders placed before January 31, 2019 will be invoiced at the current pricing.
This price adjustment is driven by notable increases in key raw material costs, combined with global inflationary factors in labor and freight, Voith explained.
“Voith has successfully remained competitive over the last decade, despite the challenging market environment and the negative price developments for paper machine clothing,” said Richard Berry, Senior Vice President Sales, Voith Paper Fabric & Roll Systems, North America. “We are continuing to take steps to optimize our cost structure and implement significant and successful measures to increase efficiency at all of our production sites.”
Voith Paper is part of the Voith Group and a leading full-line supplier as well as pioneer in the paper industry. Through constant innovations Voith is optimizing the paper manufacturing process and facilitating resource-conserving production. To learn more, please visit www.voithpaper.com.
SOURCE: Voith GmbH