Heatcraft Refrigeration Products announced a general price increase for customers effective January 1, 2018, on select commercial refrigeration products.
This price increase, ranging from 4% on most equipment and 2% on parts, is driven by notable increases in raw material costs, freight, shipping materials and purchased part components.
“We continuously strive to offset cost with process improvements and productivity enhancements, but it has now become necessary to increase our prices to offset industry inflation and ensure our ability to continue delivering value to customers moving forward,” said Jeff Pecoroni, Vice President, Sales, Heatcraft Refrigeration Products.