Cranston, RI, March 5, 2007 - Taco, Inc. is increasing prices for its residential products and accessories, effective March 16, 2007.
The price increases range from 3% to 6.5% and include products for residential applications like circulators, hydronic accessories and electronic controls.
The need for the price increases is a direct result of commodity increases in 2006 which continue to work through the supply chain, especially bronze and copper, which have a dramatic effect on the base cost of Taco's products.
Taco's continued commitment to growth as a world class manufacturing company based in the United States has led to numerous production process improvements, cost control programs and increased global sourcing. These efforts have helped to offset a large percentage of the material cost increases and allowed the company to maintain its commitment to manufacture the highest quality products at a competitive price for the HVAC industry.
Taco, Inc. is a leading developer and producer of hydronic heating and cooling products used in residential, commercial and institutional buildings worldwide.