Seaman Corp. Announces Price Hikes

Seaman Corp., Wooster, Ohio, said it has raised prices on all polyester and nylon products sold to all industrial and engineered markets.

The company cited the severe increases in raw materials as the principal reason for the price increase. Although the volatility in the crude oil market has played a role in these increases, the major driver is supply and demand. Global demand, particularly from China, is at unprecedented levels and supply for some raw materials has actually decreased due to plant consolidations within key feedstock markets.
To help absorb a portion of these cost increases, and in the ongoing pursuit of continuous improvements in quality and service, the company recently completed the installation of two separate hot-melt coating lines as well as other support equipment.
Seaman Corp. is a leading manufacturer of industrial fabrics with operations located in Wooster, Ohio, and Bristol, Tenn.