CMI NEWS & ANNOUNCEMENTS

FOR IMMEDIATE RELEASE: Supply Chain Impact Due to Coronavirus February 13, 2020 Dear Valued Customer; Many of the Chinese coil roofing nail and building material manufacturing plants have gradually re-opened after the extended Lunar New Year Holiday that was mandated by the Chinese government to help minimize the spread of ‘COVID-19’. Being open does not necessarily mean business as usual. Even this morning we were made aware that the plastic cap nail plants, which are mostly located in Tianjin, are still not open and are hoping to re-open February 17th and not be delayed further. Here is additional information from our contact with people on the […]

FOR IMMEDIATE RELEASE: Price Increase Announcement – Fiberboard Effective:  March 23, 2020 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 March 23, 2020. All currently priced fiberboard orders and job quotes must ship prior to March 23, 2020 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: New 301 Tariff Update/China Delays Update January 31, 2020 Dear Valued Customer; On January 24, 2020, President Trump signed a declaration for an expansion of the Tariffs on Aluminum and Steel products that is noted in Annex I and Annex II respectively. These are covered under the previously implemented tariffs ordered under Section 232 and 301. If you click on the link below, you can see the full explanation of the intent to protect the United States Aluminum and Steel Industries and to protect US national security interests. https://www.whitehouse.gov/presidential-actions/proclamation-adjusting-imports-derivative-aluminum-articles-derivative-steel-articles-united-states      An additional duty on steel nails […]

FOR IMMEDIATE RELEASE: Promotion – Len Ayers elevated to Sr. VP Specialty Fasteners – Supporting our Valued STAFDA Customers and CMI Business Growth. January 28, 2020 Dear Valued Customer; Abington, PA (1/20) – Continental Materials, Inc. (CMI) is pleased to announce the promotion of Len Ayers to Sr. Vice President – Specialty Fasteners Group. This promotion into this key management role will reinforce CMI’s commitment to its customers and business partners as well as the expansion and support of this growing business. Len’s leadership of the Specialty Fastener team has created extensive opportunities and provided substantial growth in the important […]

FOR IMMEDIATE RELEASE: Continental Materials Announces New Partnership with AutoKap, LLC – to be Exclusive Marketer for industry leading ButtonKap™ line of Cap Tools and components. January 23, 2020 Dear Valued Customer; Abington, PA (1/20) – Continental Materials, Inc. (CMI) is pleased to announce that it has entered into a long term agreement with AutoKap, LLC (ButtonKap) to exclusively bring roofing distribution and their professional roofing customers the best in Nail and Staple Cap Tools. CMI will be supporting the roofing market nationally with the industry innovating and only ‘in-line’ designed cap tool system in the market, from ButtonKap.   […]

FOR IMMEDIATE RELEASE: Continental Materials, Inc. Announces Golden Ticket Promotion for 2020 January 15, 2020  Dear Valued Customer; Abington, PA (01/16/2020) – Continental Materials, Inc. (CMI), the industry leading manufacturer of steep slope underlayment products, is proud to introduce their CMI SecureGrip Golden Ticket Promotion for 2020. This exciting promotion gives users of SecureGrip underlayments a chance to find a ticket in their synthetic underlayment or high temp self-adhering roll and win the prize stated on the ticket. The largest of prizes are the $1000 paid to the finder. SecureGrip Pro, SecureGrip 25, SecureGrip +, SecureGrip Max and Secure Grip PS Max […]

FOR IMMEDIATE RELEASE: Roofing Nail Tariff Update October 11, 2019  Dear Valued Customer; “The Section 301 – Additional Tariff” – tariff increase to 30% (from 25%) planned and subsequently delayed implementation from October 1 st , 2019 to October 15th 2019, now delayed indefinitely. Background On August 23, 2019, President Trump announced that the tariff rate on USTR Lists 1, 2, and 3 items of Section 301 tariffs would be increasing by 5% from 25% to 30% and was to take effect with entries on or after Tuesday, October 1, 2019. This tariff had subsequently been delayed to impact only […]

FOR IMMEDIATE RELEASE: Continental Materials Announces Scott Fisher as Business Manager – Underlayments in the Florida Market September 16, 2019 Abington, PA (9/16/19) – Continental Materials, Inc. (CMI) is happy to announce that Scott Fisher has joined CMI in the role of Business Manager – Synthetic Roof Underalyments providing management support and business direction in all Florida market areas. “We are excited to add Scott to the CMI team with his 25 years of industry experience and his background in manufacturing and product distribution in addition to his synthetic and self-adhered roof underlayment product knowledge. Scott will be a strong asset to CMI in […]

FOR IMMEDIATE RELEASE: Roofing Nail Tariff Update August 28, 2019  Dear Valued Customer; “Section 301 – Additional Tariff” – increase to 30% (from 25%) to be implemented October 1 st , 2019. Background. On Friday August 23, 2019, President Trump announced that the tariff rate on USTR Lists 1, 2, and 3 items of Section 301 tariffs would be increasing by 5% from 25% to 30% effective with entries on or after Tuesday, October 1, 2019. Click here for the announcement release by the USTR. Any entries made prior to Tuesday, October 1st, 2019 will remain at the current 25% tariff […]