EXPORT, Pennsylvania – AMI DODUCO, a Technitrol (NYSE: TNL) Company, announced today that it would increase prices for its electrical contacts and thermostatic bimetal products sold in the Americas due to rising costs of raw materials, energy and other consumables, as well as the imposition of surcharges by AMI DODUCO’s primary metal suppliers. Fabrication prices will be increased by 4.5% to 7.5%, depending upon product type, for orders placed after January 31, 2005 unless contractually prevented from doing so.
Headquartered in Export, Pennsylvania, AMI DODUCO is a global leader in electrical contact technology and fabrication. The company supplies contacts and assemblies, contact materials, thermostatic bimetal and clad metal products, electroplating and surface treatment services, and precious metal refining and recycling to more than 3,000 customers. AMI DODUCO operates from locations in North America, Europe and Asia. The company’s website is www.amidoduco.com.
Copyright © 2004 AMI DODUCO, Inc. All rights reserved. All brand names and trademarks are properties of their respective holders.
Cautionary Note: This message contains "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially. This release should be read in conjunction with the factors set forth in Technitrol's report on Form 10-Q for the quarter ended October 1, 2004 in Item 1 under the caption "Factors That May Affect Our Future Results (Cautionary Statements for Purposes of the "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995). "
