Posted April 28, 2021

Coxreels announces price increase

Soaring materials costs force a 5.2-percent increase.

To our Valued Customers, Coxreels would like to take this time to thank you for your loyal support and continued business.

As the country navigates through the pandemic recovery, the push for normalcy in our daily lives has created significant challenges and strains on many goods and services. The demand for these goods and services has accelerated at unprecedented rates, creating material shortages that have impacted us all.

The cost of steel and aluminum, paper goods, rubber, wood, freight, and other items essential to all our businesses has increased significantly over the past 12 months, with the cost of many of these items reaching record levels. Despite our efforts to absorb these cost increases, we are announcing an average price increase of 5.2%, effective May 1st, 2021.

Attached is the Coxreels’ May 2021 Price List Catalog to reflect revised pricing, a copy Coxreels' May 2021 Replacement Part Price List and an Excel spreadsheet containing all relative 2021 pricing. Please take the time to review and/or forward them to the appropriate personnel within your organization to make the necessary adjustments.

We will continue to work diligently to hold these prices and to minimize any further impact on your business.

We thank you for your loyal support and we pledge to continue building the best hose, cord, and cable reels in the world, while working diligently to provide the highest degree of service to our customers.