CMI NEWS & ANNOUNCEMENTS

FOR IMMEDIATE RELEASE: New Self-Adhered High Temp PS/MAX HT™ February 7, 2019 Continental Materials, Inc. (CMI) is excited to announce the availability of its first Self-Adhered product in the SecureGrip™ line, SecureGrip PS/MAX HT™. With our heavyweight SecureGrip MAX surface and a Limited Lifetime Warranty, PS/MAX HT is designed and manufactured to be a secondary water barrier in sloped roof system construction where toughness and longer exposures may be required. SecureGrip PS/MAX HT can be mixed in containers or shipments out of warehouse with any other product from the SecureGrip line and is available in Dual Logo format. First time […]

FOR IMMEDIATE RELEASE: Roofing Nail Tariff Update October 05, 2018 Dear Valued Customer; In our continuing effort to keep our customers informed we would like to summarize the current impact of the Section 301 Tariff that was implemented in the first stage for material arriving in the U.S. as of September 24, 2018, with the second phase announced for January 1, 2019.   Any material entering the U.S. as of September 24th now has tariff applied as part of the import process. The average cost impact on roofing nails is as follows: •Coil Roofing Nails – $1.50 per box ($3.75 per box on […]

FOR IMMEDIATE RELEASE: Roofing Nail Tariff Update September 18, 2018  Dear Valued Customer; “The Section 301 Tariff is being implemented at the rate of 10% effective with entries passing through customs as of September 24th, 2018. The additional 15% is being deferred until January 1st, 2019.” Some Background. It is our ongoing goal to keep our customers informed of changes regarding the nail market and our industry and any actions or activities that may impact your business both in the short and longer term. On Monday, the Office of the United States Trade Representative released, as part of the United […]

FOR IMMEDIATE RELEASE: Continental Materials Announces Mitchell Ayers as Assistant Sales Manager – Specialty Fasteners April 12, 2018 Continental Materials, Inc. (CMI) is excited to announce that Mitchell Ayers has joined the CMI team filling the key role as Assistant Sales Manager for the CMI Specialty Fastener business. In this position Mitchell will also be responsible for expanding the business with national accounts as well as through 2-step distribution. “We are excited to make this addition to our team. Mitchell’s experience in the nail and metals business and knowledge of distribution and the fastener market make him a strong asset […]

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 […]