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Universal Hydraulik USA, Corp. - Price increase April 2024

Dear Business Partner,

we would like to inform you that we unfortunately have to increase our prices.

Since the end of last year, we have experienced cost increases in many areas, such as transportation (e.g., CO2 levy, tolls), personnel, as well as from many service providers. Energy costs have fallen, but are still at a high level, especially in our production in the Czech Republic (highest inflation and energy price increases in Europe). Our overall material purchasing is still a long way from pre-crisis levels and has risen significantly again in recent months. For example, the processing costs for copper, not the raw material, have risen dramatically. Our suppliers of aluminium parts, turned and milled parts and Shell tubes have increased prices across the board. We have been making intensive efforts to find alternatives in recent years, but unfortunately, we have not yet been able to achieve any price advantages here, only to improve our ability to deliver.

Please understand that we will therefore be increasing our prices 
from 1st of April 2024 by 7%. 

We will reduce our material surcharge to 2,5% in parallel on the other hand, as some raw material prices have fallen, even though they are still higher than the pre-crisis levels (e.g., Aluminium and Steel dropped more than Copper). This gives you the opportunity to order your upcoming requirements before then at the old prices.

Unfortunately, we have to make this adjustment in order to remain competitive in the market. If you have any questions, please do not hesitate to contact us and we look forward to continuing our good cooperation with you.

With best regards,

Universal Hydraulik GmbH

       Michael Uhl

(Managing Director)
Tel. 0049-(0)6081-94 18 18
e-mail: m.uhl@universalhydraulik.com

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Universal Hydraulik USA Corp.

Fort Meigs Business Center
25651 Fort Meigs Rd., Ste. A,
Perrysburg, OH 43551

Phone: +1 419 873 6340


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