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 ground in China:

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.

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.

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.

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.