Effective Dec 1st, 2021, Ultra-Carbon is once again forced to raise prices on most parts we offer. Price increases will be 10-20% on most items.
While annual 2-5% price increases are a necessary evil in most businesses, this year has hit the composites world especially hard. In order to maintain the margins that allow the business to continue to operate, prices must go up commensurate with the cost of materials. This year, we’ve seen unprecedented cost increases in raw goods across the board, but the increases have been abnormally substantial in many of the items we use to make our parts, including resins, adhesives, epoxy, gel coat, and even regular consumable supplies like tape and gloves. Many supplies have gone up 20-30%, and some things have even doubled or tripled from what we paid for the same item just a year ago. Our expenses this year have gone through the roof, and we pushed through, eating the deficit with each part made.
So, to that end, expect SUBSTANTIAL price increases beginning December 1st, 2021. If you need parts now, order them now. No one will be grandfathered into the old prices once they go up. The end of November is your last chance to get the current pricing level on parts.