FSA announces price increase. Full Speed Ahead (FSA) send an email out this morning stating a price increase across their entire portfolio beginning February 1st. With supply chains damaged, inventory low, it is expected, but what will the future hold.
See letter below.
The recovery of the global economy continues to present challenges where labor, raw material and freight costs continue to rise while manufacturing lead-times are at historic levels. We have taken many creative steps over the last 18 months to mitigate supply chain issues however we are unable to continue to do so and we’ve made the difficult decision to raise prices up to 7% across our portfolio beginning February 1st, 2022. Orders shipping before January 31st, 2022 will be charged at current pricing, orders shipping thereafter will ship at new pricing.
As always, we are committed to looking for efficiencies in purchasing and manufacturing to provide the best value for money in our industry while maintaining the highest quality possible.
We thank you for your business and continued support! The FSA and Vision Team.