VIRGINIA — Due to hyperinflation and global supply and labor shortages caused by the COVID-19 pandemic, Delta Star is implementing a price increase on all product proposals, effective immediately.
Delta Star and the entire industry has been impacted by the global inflation on transformer parts, copper, steel, oil, and other commodities. The COVID-19 pandemic has resulted in material shortages and price inflation across the supply chain. As you may know, Delta Star and transformer manufacturers across the industry manufacture highly engineered and specialized critical electrical grid products which are susceptible to global supply shortages, extreme hyperinflation, and direct labor shortages.
In response to these challenges, Delta Star is implementing on average 11.6% price increase effective immediately on all product proposals. Similarly, our Field Service division is implementing a 5.2% increase on services due to the rising cost of fuel and labor. Other manufacturers have issued similar guidance.
As one of North America’s largest and oldest transformer manufacturers, we are blessed with long-standing, superior supplier relationships, and we continue to work with them to ensure economical pricing. Our suppliers have continued to deliver reliability and quality despite the pandemic, and we want to ensure their continuous resiliency. While some manufacturers may choose to pursue low quality materials at the cost of quality, Delta Star will remain committed to providing our customers with the highest quality transformers, mobile substations and trailers made from superior components and materials.
Over the coming weeks and months, Delta Star will continue to monitor market conditions and will take further action as necessary to account for inflationary items. We will provide you, our valued customers, with updates as needed on market conditions to assist in your planning.
Should you have any questions, please reach out to your local regional sales representative, or contact Zach Martin or Heather Maddox at 800-368-3017.
Thank you for your continued support and understanding during these challenging times.
Source: Delta Star