A NOTE ABOUT TARIFFS
A Note About Tariffs
As the situation surrounding tariffs continues to evolve, Industrial Automation Supply is closely monitoring the Executive Orders related to tariffs on products from Mexico/Canada/China, on steel and aluminum imports, and those expected to be levied on additional countries yet to be announced. We understand that these developments may present challenges, and we are committed to working with you to address them as smoothly as possible.While the impact of these tariffs will certainly affect our operations, we are pleased to report that the effects are expected to be less severe than initially anticipated. Many of our manufacturers affected by production in these countries have been proactive in seeking alternative sourcing options and have made significant strides in mitigating these impacts.
Please be assured that we are dedicated to keeping you informed as the situation unfolds. Below is a summary of the current status from our suppliers for your reference:
• Phoenix Contact – Price adjustment effective April 17th on items sourced from China. This will
affect approximately 8,000 of their 55,000 items (~15%). However, the majority of negotiated
pricing will remain in effect until renewal.
• Schneider Electric – Price adjustment expected on April 17th for items sourced from China. We are still awaiting final pricing and sourcing details.
• Hoffman – Price adjustment expected on April 21st, ranging from 5% to 9.5%.
• Hammond Power Solutions – Annual price adjustment combined with a tariff adder effective March 21st. We are still awaiting final pricing details.
• Mersen – Immediate price adjustment affecting only 155 items out of approximately 14,000 in their catalog. This primarily impacts UltraSafe Fuse Holders, open-style fuse holder covers, and forklift fuses
• Schneider Electric – Price adjustment expected on April 17th for items sourced from China. We are still awaiting final pricing and sourcing details.
• Hoffman – Price adjustment expected on April 21st, ranging from 5% to 9.5%.
• Hammond Power Solutions – Annual price adjustment combined with a tariff adder effective March 21st. We are still awaiting final pricing details.
• Mersen – Immediate price adjustment affecting only 155 items out of approximately 14,000 in their catalog. This primarily impacts UltraSafe Fuse Holders, open-style fuse holder covers, and forklift fuses
To date, out of the more than 50 vendors we do business with, these are the only suppliers who have notified us of potential tariff-related price changes. We anticipate that Hammond Manufacturing and Haewa will make announcements soon regarding changes in raw material costs.
Some of the suppliers who have not yet indicated any price adjustments due to these tariffs include: ABB, Lutze, Fibox, Doosan, Patlite, Encoder Products, Pyromation, Enerdoor, and others.
We sincerely appreciate your continued partnership and patience as we navigate these changes together. Should you have any questions or need further clarification, please do not hesitate to reach out.
Best regards,
Chris LeBel, President
Chris LeBel, President
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