July 13, 2018
FOR IMMEDIATE RELEASE
Manchester Tank Announces 7% Price Increase on VerticalDOT & ASMEPortable LP Gas Tanks
Franklin, TN – July 13, 2018 - This week Manchester Tank announced a price increase on its line of Vertical DOT & ASME Portable LP Gas Tanks (100 lb. ASME “Mini”, 200 lb. DOT/57 gallon ASME and 420 lb. DOT/120 gallon ASME). Prices will increase 7%, effective with all new orders shipping on or after July 16, 2018 or as contracts allow.
“Manchester Tank has continued to experience significant volatility in the steel market this year, as well as increases in freight expenses from its 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.