Press & Media

Steel Tariffs

The imposition of U.S. tariffs has resulted in dramatic price increases in the domestic commodities markets over the last 12 to 15 months. While we all remain hopeful about the recent foreign trade negotiations, the fact is that many of the raw materials used in the manufacture of elevator packages, such as carbon and stainless steel, have seen price increases of more than 20% since the beginning of this year alone. Due to these circumstances and in accordance with our standard Terms & Conditions**, as of September 5, 2018 Alliance Elevator Solutions has been compelled to increase pricing on all new quotations going forward and to re-quote all 'on hold' and/or 'unreleased' jobs that are older than 120 days.

But, there's good news for our valued customers. Alliance Elevator Solutions is honoring its commitments as follows:

• All jobs that have already been released for fabrication and are currently in production will NOT be affected by the price increase even if it's been more than 180 days since the original quotation date.

• All 2018 quotations will be honored if we receive a Purchase Order before October 1, 2018 and that PO is released to production prior to the end of this year. To take advantage of this opportunity, please contact your Account Rep at 888 960 5596.

Alliance Elevator Solutions thanks you for your business and we look forward to our continued partnership.

**TERMS & CONDITIONS OF QUOTATIONS: This estimate expires in 60 days. Upon acceptance, by issuance of a written Purchase Order, all pricing remains firm for up to 120 days (not to exceed 180 days from the estimate date.) Any job not in production, or on hold, after this 180-day period, is subject to re-quotation at current pricing and lead times.

We're all in this together, be safe out there.

Travis