Per their dealer memo:
Both steel and aluminum pricing have been extremely volatile for the past few months. On March 8, 2018, the US Government imposed a 25% tariff on imported steel and a 10% tariff on imported aluminum, which has led to dramatically higher raw material prices. While the tariffs only impact selected countries, the US and Canadian steel suppliers have increased their prices in conjunction, and most analysts expect pricing to settle at the tariff levels.
While Wayne Dalton continuously strives for cost saving opportunities and efficiency improvements, we did not foresee such extreme raw material increases and must implement an additional increase to offset these dramatically higher costs. For all orders received after Friday, June 1, 2018, Wayne Dalton will increase prices:
- 6.5% on all residential, commercial sectional, and rolling steel doors, options, and parts
- 5% on all High-Performance Doors, Fabric Shield Storm Panels, and options
- There will not be an increase on operators, but with the threat of additional tariffs on electronic components, there may be an increase in the future.
- Min and Max shipping caps will also increase accordingly.
Source is the Dealer Memo dated 04/12/2018 by Pat Duffy who is VP of Sales, Wayne Dalton
We will honor proposals written prior to the manufacturers price increase for the time indicated at the bottom of the proposal (usually 45 days). Please contact us with any questions about how this may effect a proposal we have provided for your project.
Garage Door Corporation is still making pricing adjustments but expects to pass along most of this price increase. This will affect garage doors & parts sold in the Chicago, IL area as well as out of area requests. Please check our website at www.gdcorp.com for further details.