![]() Businesses are trying to copeĭoing business from his store in Pennsylvania, Moser has felt the cost increases in multiple ways as demand remains. Prices, though, are rising and supplies are getting tougher to come by. "We have been highly proactive in managing the supply chain disruptions to minimize the impact on our customers." "The pace at which capacity comes back online and supply becomes more robust remains uncertain," Young added. "These production disruptions, coupled with surging architectural and industrial demand, have pressured raw material supply and rapidly driven prices upward," Julie Young, vice president of global corporate communications for Sherwin-Williams, said in a statement to CNBC. Company officials have been candid in investor calls that they foresee additional "pricing actions" to cope with rising input costs. Sherwin-Williams is the largest paint manufacturer in the U.S. Shortages of other goods have clogged up supply chains, all while the demand for Chantilly lace, tricorn black and green smoke - to name three of the most popular colors – has abounded. The deep freeze in the South slowed production of petroleum, a critical ingredient for paint.
0 Comments
Leave a Reply. |