CMI NEWS & ANNOUNCEMENTS

FOR IMMEDIATE RELEASE: Roofing Nail Tariff Update May 23, 2019  Dear Valued Customer; “The Section 301 Tariff increase to 25% (from 10%), that had been postponed from January 1, 2019, has now implemented.”  Many customers have contacted CMI asking about how we will be handling the newly increased tariff on their CMI nail and accessory orders that have not yet arrived from China. Hopefully we can clear up any misunderstanding of this situation as follows: On May 10, 2019, the office of the US Trade Representative (USTR) implemented the previously delayed 15% increase in tariff for the Section 301 List 3 goods. The […]

FOR IMMEDIATE RELEASE: Roofing Nail Tariff Update May 08, 2019 [REVISED 5/8] Dear Valued Customer; “The Section 301 Tariff increase to 25% (from 10%), that had been postponed from January 1, 2019, has now implemented. Some Background. On Sunday, May 5, 2019, President Trump announced that the tariff rate on USTR List 3 items of Section 301 tariffs would be increasing from 10% to 25% on Friday, May 10, 2019. Additional details have evolved and clarifications have been made to the initial tariff implementation schedule that would have affected all entries as of Friday, May 10, 2019 at a 25% tariff […]

FOR IMMEDIATE RELEASE: Continental Materials Announces the addition of Mark Hinterlong to the CMI Team – Supporting Underlayments and New Business Development May 06, 2019 Abington, PA (5/6/19) – Continental Materials, Inc. (CMI) is excited to announce that Mark Hinterlong has joined the CMI team taking on the new role of National Director of Underlayments and New Business Development. Mark was selected to support Continental Materials’ efforts to develop and provide additional direction for CMI’s growth path in the synthetic underlayment business. Mark brings an extensive history in building products; more recently leading a team that was a prominent player in the […]

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 […]