Bonnell Aluminum Announces Price Increase on Aluminum Extrusions, Fabrications and Finishing Services
NEWNAN, Ga.--(BUSINESS WIRE)--Bonnell Aluminum (a subsidiary of Tredegar Corporation NYSE:TG), including its wholly-owned operating divisions AACOA Extrusions, AACOA Inc. and Futura Industries, announced today that it will implement a price increase of $0.035 per pound and an additional 5% on fabrication and finishing services. This increase, along with potential additional adjustments to existing discounts and rebates, will be effective on shipments beginning January 6, 2020, or as permissible by contract, and will apply to all extruded products and value-added services including fabrication and finishing.
Brook Hamilton, president of Bonnell Aluminum, cited continuous cost pressures in freight, labor and supplies. “We continue to be diligent in offsetting costs and exercising cost-control measures across our business,” said Hamilton. “In addition, we are committed to strengthening our offerings as a supplier by continuously making critical investments to ensure we deliver exceptional service and product quality to our customers.”