Troy Announces Global Price Increase for Preservatives and Additives
June 23, 2008
Troy Corp. has announced a global price increase of up to 20 percent 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, 2008, or as contracts allow.