The Lighting Industry is seeing cost increases across a number of components and products. To compound those cost increases, the U.S. Department of Commerce and the U.S. Trade Representative (USTR) have imposed tariffs on many lighting components, based on the origin. As the result of imposed tariffs, as the overall increase in material costs, WE-EFRead more
September 19, 2018 To our valued customers, TCP is NOT planning to implement a price increase through the end of 2018. We have prepared internally to not pass additional fees incurred from the announced tariff increase going into effect September 24, 2018 on to you, our valued distributors. Granted, this is pending any additional actionRead more
Per previous communications, LEDVANCE will be moving forward with a price increase on October 1st due to inflationary pressures which have resulted in increased operational costs. This increase will be inclusive of these inflationary pressures as well as the Tariff Phase 1 that went into effect July 6th.
On July 17, 2018, the U.S. Trade Representative announced the proposal of an additional 10% tariff on 6,031 tariff lines which is approximately $200 billion worth of imports from China. On August 1, 2018, the USTR announced that the proposal is increasing the tariff to 25% instead of the initial announcement of 10%. While LumEfficientRead more
Due to significant inflationary pressure on commodities, transportation, metals and electrical components. Current, powered by GE is announcing a 6% price increase on select LED product families and up to 10% on select traditional lighting products.
EdisonReport has published price increases from most of the Tier I luminaire manufacturers. We are especially excited to see price increases from companies like RAB as they do a very good job on those white good commodity type products. If companies like RAB did not raise prices, it would be very hard for the TierRead more
Increase will take affect 1 OCT 2018. Eaton cites material, transportation, and wage inflation as well as the 301 tariffs.
WEST CALDWELL, N.J. (August 14, 2018) – MaxLite, a leading global provider of energy-efficient lighting solutions, is pleased to announce it will guarantee pre-tariff pricing on purchase orders placed for immediate delivery through October 1, 2018. After that date, pricing on certain product families may be adjusted based on proposed tariff increases detailed by theRead more
EXCLUSIVE—MUST CREDIT EDISONREPORT. EdisonReport can confirm that Acuity Brands has announced their second price increase of the year. The first one was at LIGHTFAIR and there may be a third one later this year—once the tariff situation plays out. Our source explained that the increase is effective in September. Acuity attributes the increase to higherRead more
EXCLUSIVE. Must Credit EdisonReport. EdisonReport has received a Cree letter sent on 12 JUL and signed by David T. Emerson, Executive Vice President – LEDs. In this letter to customers, Emerson states that Cree will “…protect you from the effects of the tariff on these products by absorbing additional costs resulting from these tariffs ourselvesRead more