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U.S. Price Adjustment Effective Aug. 1
Posted: June 24, 2016 -
After holding the line on pricing in the U.S. for the past five years, we are forced to implement a minimal price adjustment effective Aug. 1. The costs of base oils and other raw materials have increased significantly in the past few months, while the costs of every aspect of manufacturing and distribution have increased over the past five years. The accumulation of those increased costs requires an average price increase of 6 percent on many AMSOIL products. Commissions will be increased accordingly. The renewed strength of the Canadian dollar and relative stability of the exchange rate has allowed us to leave Canadian pricing as it stands.
Updated pricing information will be available in the Product Pricing Interface in the Dealer Zone as soon as possible. We will notify retail and commercial accounts by mail and online, but you should follow up with your accounts to ensure they are aware of the pending price adjustment. The AMSOIL U.S. Wholesale Price List (G3500) and Dealer Profit List (G3501) will be revised to reflect new pricing and commissions; watch the Dealer Zone for an announcement of availability. The AMSOIL Retail Catalog (G100) will also be revised and made available as soon as possible. Since the price adjustment occurs close to the regularly scheduled October catalog revision, you will receive a copy in your September issue of AMSOIL Magazine rather than the October issue.