PRICE INCREASE ANNOUNCEMENT – August 2, 2021
6-7% on asphalt Shingles and 5-15% on all Roofing Accessories
To Our Valued Customers:
Thank you for your continued partnership and allowing us to service your roofing and building product needs. As the year has progressed, we continue to realize significant cost increases for shingles and related accessories from our manufacturing partners. Supply constraints related to limited product allocation, raw material availability, and freight concerns are continuing to have a significant impact on our industry. Attached to this letter are increase notices from each shingle manufacturer. Additional documentation is available on our website at www.srsdistribution.com.
Accordingly, we are announcing a 5-7% increase on asphalt shingles and a 5-15% increase on all residential roofing accessories. Fasteners, commercial products, and commodity based items will be priced at time of shipment. Please work with your branch representative for any questions you may have.
To give you time to prepare, our increases will be effective with shipments on or after September 6th, 2021. We encourage you to incorporate these increases into your job bids and quotes.
For real-time information related to roof material orders, invoices, pricing, deliveries, and more, visit www.roofhub.pro from your desktop or mobile device.
Thank you for your ongoing business and support. We look forward to continuing as your supplier partner of choice and remain committed to providing value to your business.
Jeremy Goldschmeding – EVP Building Products Division