CMI NEWS & ANNOUNCEMENTS

FOR IMMEDIATE RELEASE: Price Increase Announcement – Asphalt Effective:  March 6, 2017 Nationwide Dear Valued Customer; Please be advised that due to rising asphalt and other costs, the price of all Continental Materials and Hot Stuff asphalt products will increase between 5% and 10% nationwide effective with shipments March 6, 2017. 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 WeatherSeal™ […]

FOR IMMEDIATE RELEASE: Price Increase Announcement – Asphalt Effective:  July 11, 2016 Western/Mid-Western Regions Dear Valued Customer; Please be advised that due to rising asphalt and other costs, the price of all Continental Materials and Hot Stuff (distributed by Continental Materials) asphalt products will increase between 5% and 7% in the Western region and some surrounding areas effective with shipments July 11, 2016.  This includes the following states:  AZ, CA, CO, IA, ID, KS, MO, MT, NE, NM, NV, OK, OR, TX, UT, WA, and WY. You will receive your new delivered pricing from your local CMI Sales Rep or […]

FOR IMMEDIATE RELEASE: Price Increase Announcement – Fiberboard Effective:  July 1, 2016 Nationwide  Dear Valued Customer; Please be advised that there will be a price increase of 5% to 10% on all fiberboard and cant strip/tapered edge products nationwide effective with shipments July 1, 2016. All currently priced fiberboard orders and job quotes must ship prior to July 1, 2016 to receive pre-increase pricing. Continued increases in energy and material costs are driving production costs up. We strongly suggest you plan for your inventory needs accordingly. For special job quotes, revised pricing, or any related fiberboard questions, please contact your […]

FOR IMMEDIATE RELEASE: ARTC Asphalt Plant Sold… Abington, PA (04/16) – The ARTC Asphalt plant in Douglassville, GA has been sold. CMI enjoyed a long term relationship with the plant, marketing their BURA throughout the Southeast. CMI also had an equity position in the facility and did our best to help them through a difficult period. Effective April 4th we will continue to service the market, our customers, and the contractors that demand high quality BUR “No Smell” Asphalt from CMI. Nothing changes regarding our market position or our ability to supply our customers’ needs Nationwide. You still call the […]

FOR IMMEDIATE RELEASE: EG Roofing Nail Listing Change – Update 2… Abington, PA (03/16) – Last week we had received a memo from Miami-Dade County, Board and Code Administration Division regarding electrogalvanized (EG) roofing nails. This is a follow up to our previous letters dated March 15, 2016 and March 23, 2016 regarding Dade County nail listings.  I have again included a copy of the Dade memo for your review. Based on the current uncertainty and clarity regarding the use of Dade Roofing nails, we suggest you suspend shipment of Continental Materials Coil Roofing nails until more complete accurate information […]

FOR IMMEDIATE RELEASE: EG Roofing Nail Listing Change – Update… Abington, PA (03/16) – Last week we had received a memo from Miami-Dade County, Board and Code Administration Division regarding electrogalvanized (EG) roofing nails. This is a follow up to our previous letter dated March 15, 2016 regarding Dade County nail listings.  I have again included a copy of the Dade memo for your review. At this current time we want to inform all of our customers that as of April 1, 2016 all Dade County listings for EG Roofing Nails will most likely be temporarily suspended. To protect you […]

FOR IMMEDIATE RELEASE: EG Roofing Nail Listing Change… Abington, PA (03/16) – Today we received a memo from Miami-Dade County, Board and Code Administration Division regarding electrogalvanized (EG) roofing nails. I have included a copy of the memo for your review. The memo indicates that there has been some third party testing conducted of randomly selected samples from distribution locations that include some approved by Miami Dade County and some that were not. These samples were tested for corrosion pursuant to TAS 114. The results of the testing showed none of the samples tested from suppliers to the market passed […]

FOR IMMEDIATE RELEASE: Steel Cost Effect on Nail Pricing… Abington, PA (03/16) – There have been some very recent spikes in steel prices in China since the end of the Lunar New Year period. While this is being caused by a confluence of factors the simple reality is that most steel production in China is government controlled, and the prices have been at unsustainable low levels for some time. Steel prices have been at a twenty year low. Chinese steel mills have been ordered to cut production for various reasons including environmental, pollution control, etc., but by taking supply out […]

FOR IMMEDIATE RELEASE: Continental Materials Announces Long Term Supply Agreement with MSL – Supporting Fiberboard Demand Across the United States Abington, PA (12/15) – Continental Materials, Inc. (CMI) had notified its customers that on November 18th Georgia Pacific announced the closing of its fiberboard operations ending a 31 year partnership with CMI shipping hundreds of millions of feet of roofing fiberboard nationwide. Now, just two weeks later, on December 1, 2015 we are pleased to announce a long term supply agreement with MSL (part of the Louiseville Fiberboard Group) to supply our customers and the market with the highest quality […]