Seaman Corp. announced in a press release last week that the company will increase the price of virtually all of its products 3-12%, effective May 1, 2011.
The release said that the company did implement efforts to offset continuing increases in raw material costs and other supply chain expenses. “Our continued commitment to lean manufacturing and manufacturing equipment investments has allowed us to offset and absorb most of the increases,” said Alex Williamson and John Crum, Seaman co-presidents. “However, there are many global and domestic factors that are making it difficult to continue our current pricing,” they said.
With manufacturing in Wooster, Ohio, and Bristol, Tenn., family-owned Seaman Corp. has been a developer of high-performance industrial fabrics sold globally for more than 60 years, the release stated. Among the company’s products are XR Technology geomembranes and Shelter-Rite truck tarp and architectural fabrics, plus specialized fabrics designed for military structures and the marine industry.