Material Pricing

For the last 12 months we have seen unprecedented price increases across the board from all of our material suppliers.  There are many factors contributing to these increases including global supply & demand, the earthquake in Japan, the price of oil, and many others.  For example Natural Rubber has gone up over 300% in the last year.

At this point it appears that material pricing will continue to escalate as long as the economy remains strong and demand is high.