Date: January 7, 2013
Source: Heil Environmental
Waste vehicle manufacturer Heil Environmental (Chattanooga, TN) announced a five percent price increase on all refuse collection bodies and roll-off hoists, effective January 1, 2013. The company cited two primary reasons for the increase, beginning with product innovations, especially new technologies that are now part of the standard models versus separately priced options. On the other hand, the company cites the impacts of escalating employee healthcare costs and the overall economic inflation that has affected most industrial manufacturers over the same 18-24 month time period. "Unfortunately, such significant cost increases cannot be offset by internal Lean initiatives alone," said Tom Vatter, Vice President of Sales for Environmental Solutions Group, of which Heil is a part. "We are proud of our commitment to product innovation and superior service, and we will continue to invest in technology that will enhance the People, Profit, and Planet components of each customer's Triple Bottom Line."
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