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Question DetailsAsked on 3/20/2012

Is cost of insulation increasing on March 31?

We received a quote from an insulation contractor that stated, in part, "if we receive your written acceptance by March 29, we can honor the pricing in the attached bid and pick up materials for your project before an industry wide 15% insulation-material increase from the manufacturers goes into effect on March 31st."

Truth or sales tactic?

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1 Answer

Voted Best Answer
1
Vote

Owings Corning is increasing the price on their fiberglass insulation on that day by 12% for most products and 17% for their high performance line.

Dow is increasing the price of their foamboard insulation in mid april by 7-9%.

Source: http://www.marjam.com/news (which links to the individual press releases for each company)

Source: http://www.marjam.com/news

Answered 1 year ago by JCO

0
Votes

Yes, the fiberglass insulation suppliers have all announced a price increase of 12% for their standard products and 17% for their High Density (HD) products. Interestingly, the major manufacturers have raised prices the same percentage at the same time for over 30 years. So, TRUTH on this one and your insulator should be commended. He is obviously going to pre-purchase insulation at the current price and warehouse it specifically for your project. I would give that guy extra consideration. He is watching out for your best interests. Steve Anderson

Answered 1 year ago by Steve Anderson




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