Sherwood Announces Price Increases for Compressed Gas Product Lines
Niagara Falls, NY – October 22, 2007 – Sherwood, a division of Harsco GasServ, today announced price increases effective December 1, 2007 for the company’s compressed gas product lines.
Cost increases related to raw materials, energy, and transportation are cited as the primarily causes for the increases. Increases of approximately 5% to 6% on the company’s valve product line will take effect on December 1, 2007.
Sherwood continues to investigate alternate sourcing and manufacturing efficiencies to minimize the impact of escalating commodity and energy prices in the current economic environment. Sherwood remains committed to providing the best cylinder valve products to the global gas community at the best possible value.
Price increases will take effect on December 1, 2007. All orders received on or after December 1, 2007 will be subject to the increases. Orders placed prior to December 1st and scheduled for immediate shipment will be accepted and shipped at the price in effect at time of order contingent upon available inventory.
Inquiries and questions may be directed to Customer Service at 888-508-2583.
Harsco GasServ comprises four complementary manufacturing and service businesses that combined, form the world’s leading technology, service and manufacturing network for gas applications involving pressure vessels and precision valves. Harsco GasServ operates 23 manufacturing, sales, warehouse and service facilities in 9 countries on 5 continents, and markets its products in over 80 countries worldwide. Additional information about Harsco GasServ can be found at www.harscogasserv.com.
Harsco’s four market-leading business groups serve some of the world’s largest and most essential industries, including steel, construction, railways, and energy. The Company employs approximately 21,000 people in 45 countries of operation and recorded 2006 sales of approximately $3.0 billion. Additional information can be found at www.harsco.com.