Jay R. Smith Mfg. Co. Announces Price Increase
September 26, 2018 – MONTGOMERY, AL -- Jay R. Smith Mfg. Co., a member of Morris Group International (MGI), announces a 2019 price increase due to the rising cost of fuel, commodities, freight, labor, insurance and tariffs.
An across-the-board price increase of 10% will be effective November 1, 2018.
Effective November 1, 2018 all prior price guides (PG-85 and earlier) will be obsolete. The 2019 Price Guide (PG-19) will be available as a downloadable PDF on November 1, 2018. All new projects awarded to Smith after November 1, 2018, must reflect the new PG-19 pricing policy.
All Jay R. Smith Mfg. Co. PG-19 job awards must be formally submitted to a Jay R. Smith Mfg. Co. Regional Sales Manager prior to November 1, 2018 and must be released for shipment by November 30, 2018. Registration must include contractor name, job name, location and approximate value of Smith products.
"Additionally, PG-19 contains two changes to our terms and conditions. The new freight terms are $5,000/FFA and the new minimum invoice amount is $100.00 net. See the PG-19 Terms & Conditions for details" Terms & Conditions
. PG-19 will be available soon on our website at PG-19 UPC/Price Data Files
and Resources, Pricing.