“We have worked diligently to manage these issues,” says Charles Sagert, vp of sales for INX, “including reduced margins to moderate the impact on our customers in anticipation of a return to prior cost levels.”
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Citing continued rapid increases in the cost of raw materials coupled with tight supplies of strategic ingredients, INX International Ink Co. has announced a price increase of 5%-10% (depending on product line), to take effect December 1, 2005.
“We have worked diligently to manage these issues,” says Charles Sagert, vp of sales for INX, “including reduced margins to moderate the impact on our customers in anticipation of a return to prior cost levels.”