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Mover Mike

Mike is a retired stock broker, and now supports his wife's furniture business. He is her warehouseman, deluxer, and marketing guru. In addition, he writes poetry and finds abundance, health and joy in the world around him while pondering life's little mysteries

Double Digit Price Increases
Hey Larry Kudlow:

SGL Carbon to increase prices for carbon fibers and carbon fiber products
Wiesbaden, March 17, 2005. SGL Carbon’s business unit SGL Technologies announces price increases across its carbon fiber products range with immediate effect. The double digit percentage increases vary from product to product and will affect the Company’s carbon fibers as well as fabrics, prepregs and other fiber-reinforced matrix products.

Jan Verdenhalven, Managing Director of SGL Technologies commented: "These price increases are based on raw material cost increases as well as on continually tightening demand and supply situation in the carbon fiber markets.”(emphasis added)But Larry, there is no inflation!

Mover Mike

Related Posts (on one page):

  1. Inflation is in the Pipeline
  2. Double Digit Price Increases
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Posted by Mover Mike on Thursday March 17, 2005 at 12:32pm