Taylor-Wharton Cryogenics Announces First Price Increase in 5 Years for Industrial Cryogenic Equipment

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Taylor-Wharton products subject to the company's first price adjustment in five years include atmospheric bulk tanks, VJ CO2 tanks, portable liquid cylinders, beverage carbonation cylinders and micro bulk storage vessels.

“Taylor-Wharton continues an aggressive pursuit of increased efficiencies in all aspects of our operations, including special emphasis on safety, quality, delivery, inventory control, productivity, innovation and talent management."

Taylor-Wharton Cryogenics, LLC has announced a price increase for their industrial cryogenic equipment effective May 15, 2012. Taylor-Wharton products subject to the price adjustment are atmospheric bulk tanks, VJ CO2 tanks, portable liquid cylinders, beverage carbonation cylinders and micro bulk storage vessels.

Taylor-Wharton’s published base pricing for industrial cryogenic gas containment products had not increased over the past five years. The reason for the current base price increase is increased cost of product elements, including raw material, component pricing, energy, freight, labor and benefit costs. The price increase will be approximately 3% to 5% depending on the product model. Surcharge schedules, as in the past, will be published monthly as necessitated by Taylor-Wharton’s steel suppliers.

“Taylor-Wharton continues an aggressive pursuit of increased efficiencies in all aspects of our operations, including special emphasis on safety, quality, delivery, inventory control, productivity, innovation and talent management,” said Len York, President of Taylor-Wharton Cryogenics. “Taylor-Wharton will continue to strive to improve our cost reduction programs and cost control mechanisms in order to meet the demands and requirements of our customers and provide them with the best possible product value,” York said.

About Taylor-Wharton Cryogenics, LLC

Taylor-Wharton produces a comprehensive range of bulk and portable cryogenic storage units. The company’s manufacturing facilities in the United States, Malaysia, China and the Slovak Republic are strategically positioned to support the world’s major industrial gas markets. The extensive Taylor-Wharton engineered product menu includes cryogenic liquid storage equipment for industrial gases, biological specimen cryogenic storage, and LNG (liquefied natural gas) fueling station storage vessels and vehicle fuel cylinders. Founded in 1742, Taylor-Wharton is the oldest metal-working company in continuous operation in the United States. More information can be found at http://www.TaylorWharton.com.

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Mark Fleischer
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