H.B. Fuller Announces North American Price Increase
The Company cited increased supply pressures and higher than expected increases in raw material feedstocks, which began to increase in the fourth quarter of 2009, as necessitating the pricing actions.
"We are constantly working to control costs, develop the most efficient products, and effectively service our customers," stated Traci Jensen, vice president of North America Adhesives. "However, unexpected feedstock shortages and the associated cost escalations that resulted, require us to adjust our pricing to compensate for these cost increases."
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