Hello Sunspace Dealers,
Although inflation on both sides of the border has stabilized to historically seen in a “normal” time frame, our cost inputs have borne the brunt of these pressures over the last year and are expected to increase further in the next 12 months. Our largest costing component is aluminum, which is priced on open markets. Current forecasting for aluminum prices shows that our purchase cost on a blended full average cost basis will increase 7.5% as compared to 2024.
Therefore, we are now announcing a 3% increase across all our product lines, effective for all orders placed on or after February 3rd, 2025.
We are mindful of the impact these adjustments have on our valued business partners and assure you that we do not take such decisions lightly and continuously strive to maintain competitive pricing within the markets in which we operate. We have always attempted to minimize the impact of aluminum price increases by strategic purchasing and exploring opportunities to create production efficiencies, and we will continue to do so. We appreciate your understanding and thank you for your ongoing support.
For inquiries, please don’t hesitate to contact your Sunspace Dealer representative at SRS Windows & Doors.
Thank you for your continued support and business.
Robert J. Van Mil, CPA, CA
Chief Financial Officer
Sunspace Modular Enclosures