Breaking News: Many Manufacturers Raising Prices In Next Few Months

Breaking News: Many leading manufacturers of security products in the USA are planning to raise prices in the next 3 months. Master Lock, American Lock, Sargent & Greenleaf and HATA are just a sampling of manufacturers raising their prices.

Concerned consumers should consider pushing up their planned purchase date for these product lines to beat the price increases.

The weakness in the US Dollar is partly to blame, but I think it is more to do with oil prices. Oil and oil derivatives are used in many materials and machinery required to produce many parts.

Unfortunately, if and when oil prices do decline, manufacturers rarely reduce their prices, so the new prices are most likely to stay (if not, continue to increase).

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