I wanted to update you on the recent communications from our blanket suppliers. The most significant news is the expected acquisition of Trelleborg Blankets by Continental. This announcement has been made public and will likely close some time in mid 2022 making Conti the largest manufacturer of printing blankets globally.
In the meantime both manufacturers have issued notices of increase due to the lingering effects of the pandemic. I have attached a copy of the letters from Continental & Trelleborg. This will serve as notice of a price increase that will take effect on 1/1/2022. The increase will be 4% for all Trelleborg materials as noted in the attached document. The increase from Continental is 6% as noted in the attached letter, however we are absorbing 2% and only passing along a 4% increase on all materials.
Patrick Cleghorn
Prisco
Vice President of National Accounts
1337-J Wood Branch Drive
Charlotte, NC 28273
Office – 704-588-3860 x 8304
Fax – 704-588-3887
Cell – 704-622-7272
cleghornp@prisco.com
