2017 price increases

2017 price increases

A few weeks ago we notified you here on our website that we were intending to implement a potential 4% price increase from 1st January 2017. We are glad to be able to tell you now that, following intensive discussions, we have been able to fix this price increase at 2.5%.

We are sure that that our investment in research and development this year, and the subsequent forthcoming launch of several exciting new products, will keep GTL at the top of the precision torque tool market, and we hope that our customers and distributors will understand that this increase is necessary in order for us to continue to lead the field and provide the highest quality torque tools.

We would like to thank all our customers and distributors for your business during 2016 and we look forward to continuing the relationship during 2017.

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