Thursday, September 1, 2011

Impact of Rare Earth Issue



Price Increases on Linear Fluorescent and Compact Fluorescent Lamps. As a reasult of the Impact on Rare Earth Oxides and the extraordinary circumstances in the lighting industry, most lamp manufacturers will be implementing large price increases in the upcoming months. Affected most are compact fluorescents and linear fluorescent lamps, with most manufacturers showing an average 25% price increase for these products. These increases WILL affect not only our stock cost but contracts, DSOs and SPAs as well. Due to the uncertainty of the situation, there are also potential short-term availability issues with many of the affected lamp types. We appreciate your patience as we work through this widespread industry issue.

If you have any questions or would like to discuss this issue further, please contact your Dominion Electric Supply sales rep. We are here to help you. To learn more about the Rare Earth issue visit our website: http://www.dominionelectric.com/about-facility.htm

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