Press Releases

UBP Committed to manufacturing in the USA and keeping costs down.

The two subject lines above may seem incompatible. They are not.

First, let’s talk about steel prices. It is tempting to editorialize on the "demandless price increase" of steel, a close cousin of the "jobless recovery" we are experiencing. It is frustrating, and it makes the challenges of the construction industry just that much more difficult. Nonetheless, a Google search on ‘Steel Prices’ returns articles from the Wall Street Journal and other financial press that indicate that steel prices will likely continue to rise. I'm sure you have probably experienced the big price increases on rebar, wire and other steel products. Our steel costs are going higher as well, so unfortunately, beginning February 1st, most of UBP steel-intensive products will be increasing on average about 5.5%.

As UBP is subject to increasingly complex fuel surcharges from all of our carriers - truck, rail, barge, intermodal, and many others - we are regretfully passing along a fraction of these charges to our customers.