MARKET NEWS - Acorn

MARKET NEWS – Acorn

Manufacturers move to increase prices

Many of the industry’s leading manufacturers are advising price increases which will come into effect over the next few months, attributing ‘inflationary growth’, ‘changing conditions in the raw materials market’ and ‘increased costs in labour and energy’ as the main factors for the increases.

• NB: 1st April – 2.9%
• SKF: 1st May – 9.4%
• NSK: 1st June – btw 4% & 7%
• CONTITECH: 1st June – 2.9%
• HUTCHINSON: 1st June – 2.5%

ACORN® will endeavour to bring you continuing up-to-date information as we receive it.

Please contact your acorn representative if you would like to discuss these changes in more detail.

Thank You
Gavin Stacey
Acorn Industrial Services Ltd

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