CMI NEWS & ANNOUNCEMENTS

FOR IMMEDIATE RELEASE: Price Increase Announcement – Asphalt Effective:  April 29, 2019 Nationwide Dear Valued Customer; Please be advised that due to rising asphalt, transportation, and other costs, the price of all Continental Materials asphalt products will increase between 5% and 8% nationwide effective with shipments April 29, 2019. 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 to be valid. All Continental Asphalt is produced with our patented No-Smell™ formula and protected with our […]

  As market leaders it is important to keep you our valued customers informed of the challenging supply issues we are all experiencing tied into the ongoing supply hurdles encountered in China; and well documented in our previous roofing nail updates. Copies of these prior announcements are available at www.ContinentalMaterials.com for your reference Since September 12th our primary supply chain in China is once again producing high quality coil roofing nails. Due to the ongoing issues with the galvanizing mills, as part of a severe Environmental Enforcement Campaign mandated by the Chinese government, there have been two prolonged shutdowns since […]

FOR IMMEDIATE RELEASE: Continental Materials Announces the addition of Mike Sinclair to the CMI Team – Supporting Brand and Market Development March 18, 2019 Continental Materials, Inc. (CMI) is delighted to announce that Mike Sinclair has joined the CMI team taking on the role of business development. “We are excited to add a person with Mike’s 18 years of experience and industry knowledge with BlueLinx. His years in sales management and 23 years in the building products sectors will be a strong asset to CMI as we continue to expand our business and product offering in various target markets”, says […]

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 […]