Franklin, TN – December 18, 2020 - This week Manchester Tank announced a broad price increase on its entire line of Horizontal Domestic LP Gas Tanks for aboveground, underground and AG-UG use. Prices will increase on all new orders shipping on or after December 21st, 2020 or as contracts allow.
“Manchester Tank has experienced a significant increase in recent months in its plate steel pricing and anticipates this trend to accelerate in the months to come. We have also experienced continued increases in operating expenses associated with servicing our customers during the COVID-19 pandemic,” 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 to cover these incremental costs. We will continue to monitor the markets closely and adjust prices as needed as we get further clarity into the cost and availability of raw materials.”
About Manchester Tank
Manchester Tank & Equipment Co. has been a trusted industry leader in the design and manufacture of steel and aluminum low-pressure DOT cylinders and ASME pressure vessels for the storage and transport of propane, chemicals, compressed air and other industrial applications since 1946. Today, our company remains dedicated to its long tradition of excellence and is committed to our vision of finding a better way. We do this by bringing value to our customers every day, seeking continuous improvement in everything we do, and being the best company to work for.
About McWane Inc.
McWane, Inc. is a family-owned business based in Birmingham, Alabama, with companies across the U.S. and around the world. The McWane family of companies casts ductile iron products, including pipe, valves, hydrants, fittings and plumbing products, and manufactures fire extinguishers, fire suppression systems and steel pressure vessels. McWane is a leader in delivering clean, safe drinking water while focusing on safe, environmentally friendly manufacturing processes. With more than 7,000 team members, McWane has a longstanding commitment of supporting the communities where our team members live and work. For more information, visit mcwane.com.