Century Refrigeration, a division of RAE Corporation, is announcing a price increase due to the fluctuating cost of raw material. Prices of commodities, such as copper and aluminum, have steadily increased throughout 2010 and into 2011.
Century Refrigeration has made efforts to reduce costs in other areas with increased automation and updated tooling. With investments in tube bending and a redesigned condensing unit, Century Refrigeration has made strides for greater overall efficiency. All these efforts will defray some of the material cost impact, but a price increase is necessary to continue providing quality equipment.
“Despite these initial price increases, we are committed to keeping our customers’ total cost of ownership to a minimum. Century equipment is designed to reduce installation, maintenance, and utility costs throughout the lifetime of the system,” says Kevin Trowhill, vice president of sales for Century Refrigeration.
The impact of the price increase will vary based upon the raw material content of each piece of equipment, but most price increases are in the range of six to eight percent.
Century Refrigeration is recognized as the leader in Comdustrial™ refrigeration systems. Comdustrial™ is the ideal balance of commercial and industrial refrigeration markets providing the flexibility of commercial equipment and the durability of industrial equipment. Century Refrigeration combines commercial capacity ranges with industrial quality materials to design a long-lasting system for a customer’s specific needs. Century Refrigeration is a division of RAE Corporation with headquarters in Pryor, OK. The company employs approximately 250 people, with representatives around the country.
Additional information is available at www.century-refrigeration.com.