As the summer heat rises it seems so are the prices in the laboratory supply sector. Over the past couple weeks there have been rumors and confirmations from such companies as ThermoFisher that prices will be rising mid-year to consumers on such products as laboratory plasticware.
We as a manufacturer / supplier have been absorbing the constant resin increases for months now but it has become unbearable and actually risky to our businesses to continue as if nothing is happening. We receive price increases sometimes weekly at this point on our purchased in goods for distribution. To say margins are dwindling is an understatement, they are dropping!
Dynalab Corp. / Dynalon Labware have decided to forego the mid-year increase (many of our competitors and distributors are raising prices on August 1st, 2008) with plans to hold out for a full year increase in the 2009. We hope our customers appreciate our efforts and continue with business as usual.
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