Price increases for 2017

Price increases for 2017

We would like to give our customers and distributors advance warning of a potential 4% price increase to our tool range with effect from 1st January 2017.

We value your business enormously and whilst we have endeavoured to keep the increase to a minimum, we have to acknowledge that a number of factors have made it necessary.

We have noticed a significant increase in the costs of our raw materials this year due to  economic uncertainty both generally and also following the EU referendum result. In addition, the changes in exchange rates and the volatility of the markets have also combined to increase our costs considerably.

We hope 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.

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