CMI NEWS & ANNOUNCEMENTS

FOR IMMEDIATE RELEASE: Latest Tariff Update August 2, 2018 Dear Valued Customer; Click here to view related info on CNBC.com Tariff Update: It became known on Wednesday that the U.S. administration is considering raising tariffs on $200 billion worth of Chinese goods to 25 percent from 10 percent that was previously announced in July. As we are aware, this has been done in a bid to pressure Beijing into making trade concessions. As we have also noted prior on the 10 percent tariff, this may happen or may not happen but you need to be informed that this is 150% […]

FOR IMMEDIATE RELEASE: Urgent Tariff Update July 12, 2018     Dear Valued Customer; As always, we at CMI work to keep our customers informed regarding the nail market and actions or activities that may impact your business either short and longer term. We had mentioned in our last update that we didn’t see the tariff situation coming into play at that point. With that said, just yesterday, the US government announced a proposed tariff on roofing nails and related items (in addition to thousands of other items) that will be in the 10% range. The proposed implementation date for the tariff […]

FOR IMMEDIATE RELEASE: Price Increase Announcement – Asphalt Effective:  July 30, 2018 Nationwide      Dear Valued Customer; Please be advised that due to rising asphalt, transportation, and other costs, the price of all Continental Materials and Hot Stuff asphalt products will increase between 5% and 8% nationwide effective with shipments July 30, 2018. You will receive your new delivered pricing from your local CMI Sales Rep or you can call CMI Customer Service at 1-800-247-6637. All prior quotes for shipments after the effective date must be re-confirmed. All Continental Asphalt is produced with our patented No-Smell™ formula and protected with […]

FOR IMMEDIATE RELEASE: Price Increase Announcement – Fiberboard Effective:  August 6, 2018 Nationwide Dear Valued Customer; Please be advised that due to rising costs in energy, materials, and transportation, there will be a price increase of 5% to 7% on all fiberboard and cant strip/tapered edge products nationwide effective with shipments August 6, 2018. All currently priced fiberboard orders and job quotes must ship prior to August 6, 2018 to receive pre-increase pricing. We strongly suggest you plan for your inventory needs accordingly. For special job quotes, revised pricing, or any related fiberboard questions, please contact your local CMI Sales […]

FOR IMMEDIATE RELEASE: CMI/Tarah Price Increase Announcement – Organic Felt Rolls Effective:  June 30, 2018 California Dear Valued Customer; Please be advised that due to increases in asphalt costs, as well as continuing increases in freight, CMI will be increasing prices of all CMI/Tarah organic roll products supplied to you for roofing projects. This increase will affect organic rolls in California. The increase will be effective with any orders that ship beginning June 30, 2018. The increase amount will be 5%-7%. Orders place in the month of June will be at the current pricing levels but will be subject to […]

FOR IMMEDIATE RELEASE: Price Increase Announcement – Asphalt Effective:  June 11, 2018 Nationwide  Dear Valued Customer; Please be advised that due to rising asphalt, transportation, and other costs, the price of all Continental Materials and Hot Stuff asphalt products will increase between 5% and 8% nationwide effective with shipments June 11, 2018. You will receive your new delivered pricing from your local CMI Sales Rep or you can call CMI Customer Service at 1-800-247-6637. All prior quotes for shipments after the effective date must be re-confirmed. All Continental Asphalt is produced with our patented No-Smell™ formula and protected with our […]

FOR IMMEDIATE RELEASE: Important Miami Dade County Nail Update May 11, 2018 Dear Valued Customer; On Monday May 7, 2018 CMI was informed by Miami-Dade County that our Listing Approval on Ring Shank Coil Roofing Nails would be rescinded. Our approval has subsequently been removed from the Miami-Dade website and CMI Ring Shank Coil Roofing Nails cannot be used as an approved fastener. Dade County randomly pulled a box from a single CMI customer in Miami, a random coil was then selected and tested for conformance to ASTM G85. While we feel this is an exception to the product we […]

FOR IMMEDIATE RELEASE: CMI/Tarah Price Increase Announcement – Organic Felt Rolls Effective:  June 1, 2018 California Dear Valued Customer; Please be advised that due to increases in asphalt costs, as well as continuing increases in freight, CMI will be increasing prices of all CMI/Tarah organic roll products supplied to you for roofing projects. This increase will affect organic rolls in California. The increase will be effective with any orders that ship beginning June 1, 2018. The increase amount will be 3%-5%. Orders place in the month of May will be at the current pricing levels but will be subject to […]

FOR IMMEDIATE RELEASE: Continental Materials Announces Nick Cwikla as Regional Manager for the Southeast United States April 12, 2018 Continental Materials, Inc. (CMI) is delighted to announce that Nick Cwikla has joined the CMI team taking on the role of Regional Sales Manager for the Southeast US market. “We are excited to add a person with Nick’s experience and industry knowledge. His years in construction management and building products sectors will be a strong asset to CMI as we continue to expand our business and product offering in the southeast markets”, says Peter Fischer, CMI President and CEO. “With the addition of […]