Koenig & Bauer announces a moderate price adjustment for its entire product portfolio due to reduced availability of raw materials, such as copper, plastics, additives, sheet metal and wood, and higher shipping and logistics costs. Global chip shortage, which is leading to reduced capacities and long lead times for industrial customers, is another reason.
“The price adjustment comes in an environment of increasingly scarce resources and is a necessary step to enable us to continue offering our customers the quality, customized solutions and reliable service they expect from us,” says Ralf Sammeck, executive board member at Koenig & Bauer. “The global challenges facing the industry would have to be mastered together in order to maintain our innovative strength.”
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