Over the past several weeks we have been sharing various articles and information regarding the scarcity and dramatic price increases or rare earth phosphors which has a major impact on fluorescent lamp pricing. Since our latest price increase announcement, China has not only dramatically reduced the production of rare earch phosphors, but also initiated a dramatic increase in pricing for these critical elements used in the production of fluorescent lamps.

Therefore, due to the continuing escalation in the cost of rare earth materials it is necessary for us to increase pricing on fluorescent lamps. Effective July 12th all quotes and purchase orders are subject to review and approval. In addition we are advising a minimum price increase of 12%. New quotes will only be honored for thirty (30) days and will be reviewed monthly. Additionally, we will be implementing increases on a monthly basis until the market for rare earth phosphors has stabalized. New price sheets and quotes will be available through your MyAccount or your customer service representative.

We appreciate your understanding and support during this global shortage.