Draka reacts to mounting cost pressure

Aug. 12, 2008
August 12, 2008 -- North American fiber-optic cable producer Draka Communications-Americas has raised the price of its optical fiber cable products by 6% to 10% depending on their exposure to rising materials, energy, and transportation costs.

August 12, 2008 -- North American fiber-optic cable producer Draka Communications-Americas has raised the price of its optical fiber cable products by 6% to 10% depending on their exposure to rising materials, energy, and transportation costs.

"The good news is global demand for fiber-optic cable is experiencing robust growth, and optical cable shipments for the first half hit record levels," reports Mike Amicone, president of Draka Communications-Americas.

He continues, "Unfortunately, this good news must be tempered by concern. Raw material costs are rising at a startling rate, and Draka has absorbed multiple price increases on raw materials, especially petroleum based ones, as well as fuel and freight. In addition, several of these manufacturers are rationing supply, further affecting pricing and lead times."

As part of its ongoing commitment to providing a quality product at a fair price, Draka says it will continue to be diligent in its efforts to mitigate this impact through a variety of programs, including energy conservation, process improvement, and alternative sourcing of raw materials and transportation.


On the Web:
www.drakaamericas.com

Sponsored Recommendations

Global support of Copper networks

May 29, 2024
CommScope designs, manufactures, installs and supports networks around the world. Take a look at CommScope’s copper operations, the products we support, our manufacturing locations...

Flex Vertical: FiberGuide

May 29, 2024
CommScope Offers the largest selection of vertical cable managmeent options in the industry.

Constellation: Building edge infrastructure for a hyperconnected future

May 29, 2024
Connecting and powering the hyperconnected enterprise

Cat 6A: The Amazingly Versatile, Capable Twisted Pair Solution

May 29, 2024
While its impossible to truly future-proof a network against challenges that dont yet exist enterprise networks can tilt the odds in their favor as they adapt to new application...