Another lighting manufacturer in the United States announced that the price rose by 6-8%

Universal Lighting Technologies (ULT) is constantly developing the most technologically advanced and cost-effective products in the lighting market. One of our company's core tasks is to reduce costs for our customers without sacrificing performance and reliability. Although these cost-reduction efforts have been very successful, our suppliers recently announced that US lighting manufacturer Universal Lighting Technologies (ULT) announced to its customers that the price of its product line will average from August 1st. It rose by 6-8%. PESLA's Executive Vice President of Sales and Marketing stated in the notice: Universal Lighting Technologies (ULT) is constantly developing the most technologically advanced and cost-effective products in the lighting market. One of our company's core tasks is to reduce costs for our customers without sacrificing performance and reliability. While these cost-reduction efforts have been successful, the price increases of our suppliers' goods and components have recently surpassed our efforts to reduce costs. Starting August 1, 2018, ULT will increase the average price of our product line by 6-8%. Please note that this price increase will not affect any items that currently have a valid project offer. However, the future will affect all other price lists/quotes. The new price list will be available to you on or before July 9, 2018. Please contact your local ULT representative for details.

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