Friday, June 13, 2008 - Troy Corporation has announced a global price increase of up to 20% effective July 1, 2008 for all products.
According to Troy President and COO Mark Gwillim, the price increases are driven by escalation in the costs of key raw materials, energy, transportation and packaging. These price increases will vary by product and be effective July 1, or as contracts allow.
Founded in 1950, Troy Corporation is a manufacturer of performance materials including industrial preservatives and additives. The corporation headquarters is in Florham Park, NJ, with principal subsidiaries located in Canada, Latin America, Europe, and Asia.
©2008 Troy Corporation