June 29, 2018
FOR IMMEDIATE RELEASE
Manchester Tank Announces 5% Price Increase on Aluminum Forklift Cylinders
Franklin, TN – June 29, 2018 - This week Manchester Tank announced a price increase on its line of aluminum forklift cylinders. Prices will increase 5%, effective with all new orders shipping on or after August 1, 2018 or as contracts allow.
“Over the past several months Manchester Tank has experienced a significant amount of volatility in aluminum pricing. We have also seen an increase in freight expenses from all of our major carriers,” said Brendan Dillmann, Sr. Vice President of Sales & Marketing for Manchester Tank. “We have worked hard to absorb as many of these increases as possible, but we have reached a point where we must adjust prices accordingly.”
About Manchester Tank & Equipment Co.
Manchester Tank & Equipment Co. (www.manchestertank.com), a division of McWane, Inc. of Birmingham, AL, is an original equipment manufacturer (OEM) and global distributor of low-pressure vessels, domestic and industrial cylinders, propane tanks, air receivers and fire suppressants. Manchester Tank is headquartered in Franklin, TN, with manufacturing facilities located in Bedford, IN; Crossville, TN; Elkhart, IN; Quincy, IL; Echuca, Australia and two locations in Chile.