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Alcan Cable Announces Price Increase Effective December 15, 2005
Atlanta, GA 12/12/2005
As you are aware, the industry has undergone significant increases in metal and compound costs in recent months, which has had a considerable impact on the wire and cable manufacturers. As a result, Alcan Cable will implement a price increase on Aluminum Bare, Service and Building Wire cable products effective December 15, 2005. The approximate increases will be as follows:
- Bare Cable products - 18%
- 600V Overhead Service Cable products - 16%
- 600V Underground Service Cable products - 18%
- XHHW, USE, SEU and SER Building Wire products - 18%
In addition, we have made several modifications to the payment terms and minumum order requirements. Please see the new price sheets for detailed explanations of the changes.
The new prices sheets will be available under the products section of this web site.
As we move forward in the new year, we will conduct regular reviews of our pricing and make adjustments as needed. Should you have any questions regarding this announcement, please contact your local Alcan Sales Representative.
Sincerely,
Jacques Fortin Vice President, Sales North America
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