HTPG Announces General Price Increase

HTPG Announces General Price increase

Effective for orders received, beginning January1, 2018

Duluth, GA – November 2, 2017 – Heat Transfer Products Group, LLC (HTPG), manufacturer of commercial refrigeration equipment sold under the recognized brands of Russell, Witt, Kramer and ColdZone, announces a general price increase for orders received on January 1, 2018 and thereafter.

In response to economic pressures and rising costs in the areas of raw materials, component parts and freight, prices for certain unitary equipment and replacement parts will increase by 4%.

“HTPG does not take these actions lightly. We truly appreciate each of our customers and the business they grant us”, said Paul Westbrook, Director of Sales and Marketing. “Price increases, while sometimes necessary, are never welcomed. We want to assure our customers that HTPG is committed to its ongoing pursuit of achieving best practices and is taking all possible actions to mitigate the impact of cost increases as they arise in the marketplace. We will continue striving to improve our internal efficiencies and challenge price increases presented to us by our suppliers. In spite of this necessary action, we are looking forward to a very successful 2018 for all”, he commented.

2018 List Price Sheets will be posted to each brand’s website as soon as possible.

About HTPG (www.htpgusa.com)

Heat Transfer Products Group, LLC (HTPG), a subsidiary of Rheem Manufacturing Company, is headquartered in Duluth, Georgia, and is an industry leader in commercial refrigeration manufacturing, providing condensing units, evaporators, air cooled condensers, surface and case coils, custom air handling units, reach-in unit coolers, compressor racks for food service applications, and complete refrigeration system solutions. The company’s complete line of energy-efficient heat transfer equipment is sold under the recognized premium brands: Russell, Witt, Kramer, and ColdZone. These long-established and trusted brands have been industry leaders from their inception. To learn more, visit www.htpgusa.com.

About Rheem (www.rheem.com)

Founded in 1925, Rheem is the only manufacturer in the world that produces heating, cooling, water heating, pool/spa heating and commercial refrigeration products, and it is the largest manufacturer of water heating products in North America. Rheem is headquartered in Atlanta, Georgia, and has an international presence in 14 countries. The company’s premium brands include Rheem, Raypak, Ruud, Richmond and Splendid, as well as commercial refrigeration brands Russell, Witt, ColdZone and Kramer, which are part of the company’s Heat Transfer Products Group (HTPG) division. To learn more, visit www.Rheem.com.

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