News and Special Announcements

To: Our Valued Matco-Norca Customer
From: Jack McDonald, President & CEO
Date: May 14, 2019
Re: Section 301 Tariffs / Price Increase

 

 

 

In September 2018, the US Department of Commerce imposed 10% tariffs on $200 billion worth of Chinese goods as part of Section 301.  This tariff impacts a wide range of products including many items offered by Matco-Norca.  On Friday May 10, 2019 the US Department of Commerce announced the escalation of Section 301 tariffs from 10% to 25%.

Due to the impact of the Section 301 tariff escalation, Matco-Norca will be implementing the following price increases effective June 3, 2019.
 

Product Category Approx.
Increase
Product Category Approx.
Increase
150# Malleable Iron Pipe Fittings
*Chinese Only
13.6% Groove Couplings 13.6%
300# Malleable Iron Pipe Fittings
*Chinese Only
13.6% Grooved Nipples 13.6%
Brass Ball Valves 13.6% Heating Valves 13.6%
Brass Pipe Fittings 13.6% Insert Pipe Fittings 13.6%
Brass Pipe Nipples 13.6% Lead Free Chrome Plated Fittings 13.6%
Butterfly Valves 13.6% Lead Free PEX Cold Expansion Fittings 13.6%
Carbon Steel Valves 13.6% Lead Free PEX Fittings 13.6%
Cast & Ductile Iron Valves & Parts 13.6% Low Pressure Valves 13.6%
Cast Iron & PVC Flanges 13.6% Plumbing Specialties 13.6%
Cast Iron Threaded Pipe Fittings 13.6% PVC Valves & Unions 13.6%
Cast Steel Valves 13.6% Schedule 40 Welded Steel Pipe Nipples 13.6%
Chrome Plated Pipe Nipples 13.6% Schedule 80 Black Seamless Steel Pipe Nipples 13.6%
Clampette 13.6% Schedule 80 Welded Steel Pipe Nipples 13.6%
Copper Pipe Fittings - Wrot 13.6% Stainless Steel Fittings 13.6%
Dielectric Nipples 13.6% Stainless Steel Nipples 13.6%
Faucet Accessories 13.6% Stainless Steel Valves 13.6%
Faucets 13.6% Steel Merchant and API Line Couplings 13.6%
Forged Carbon Steel Valves 13.6% Tubular Products 13.6%
Forged Stainless Steel Valves 13.6% Water Service Fittings 13.6%

 

Orders placed prior to June 3, 2019 will be honored at current pricing.  Matco-Norca will not be able to extend price protection, grace periods or honor back orders at the old price.  We will send out an updated announcement once price sheets are available for download from our website.

Thank you for your understanding of this situation and support of Matco-Norca.


Regards,

Jack McDonald

President & CEO
Matco-Norca, LLC

 


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