Another lighting manufacturer in the United States announced a 6-8% rise in prices

UniversalLighting Technologies (ULT), the American Lighting maker, recently announced in a letter to its customers that the price of its product line will rise by an average of 6-8% since August 1st.

PESLA sales and marketing executive vice president in the letter of notice said:

Universal Lighting Technologies (ULT) is constantly working on the development of the most advanced and cost efficient products in the lighting market. One of the core tasks of our company is to reduce costs for customers without sacrificing performance and reliability. Although these cost reduction efforts have been successful, the price increases of our suppliers have recently exceeded our cost reduction efforts.

Since August 1, 2018, ULT will increase the average price of our product line by 6-8%. Please note that this price rise will not affect any item currently available for an effective project. However, the future will affect all other price lists / quotations.

The new price list will be provided to you on or before July 9, 2018. Please contact the local ULT representative for details.

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