February 15, 2022 Pricing Adjustment

Dear ATP Customer,


We are sending this notice to inform you of a necessary price adjustment beginning mid-February 2022. ATP has experienced increases in just about every expense involved in running our business. A few examples:


• Drastic increases in raw material and corrugated products for manufactured goods
• Inbound shipping expenses increased 8x, landed product costs surged as much as 50%
• Increased labor rates and benefits costs

We have no choice but to implement a price increase (see below):

All special or custom quoted items are included and will be reviewed and revised as needed.

All items ordered before February 15, 2022, for immediate shipment will be honored at the old price, excluding blanket orders. New Blanket Purchase Orders will be quoted at the new pricing

If you have any questions or need to verify pricing, please call the ATP Customer Service Department.

When/If costs return to previous levels, we anticipate a pricing correction that accounts for these changes. We value and appreciate your continued business and most importantly your understanding.

Sincerely,

Duane Campbell

V.P. Sales & Marketing