November 1, 2022
To our valued customers: The economic and supply chain challenges that began in 2020 continue to ripple throughout the pressure sensitive label industry. The continuing trend of paper mill closures has created additional restrictions in paper and liner supply. Inflationary pressure continues to affect our industry, while labor shortages and high energy costs continue to create upward pressure on costs as well. As a result of the continued increase in costs, we must announce a price increase to our customer base. Effective on all shipments beginning December 5, 2022, regardless of order entry date, prices will increase by the following schedule: • 6% on paper products • 4% on film products • 7% on wine products An updated price list will be sent to you the week of November 7. Please do not hesitate to reach out to your Fedrigoni Self-Adhesives sales representative for additional information or to answer any questions you may have. We understand this affects your business and ability to service your customer base. We continue to look for ways to take costs out of our system and minimize the impact to your business as much as possible. Our team is committed to supporting you through these ongoing supply chain challenges. We appreciate your continued support and agility as we navigate them.
Sincerely,
Christopher LoBianco General Manager, North America