Rumor has it that Tyco will be raising pricing on their products very shortly. Over the past two weeks, Tyco has been in communication with their customers informing them of the future changes. It should be noted that this is the first time in many years that Tyco is doing a blanket, out of cycle OEM increase. The rise in costs could be driven by raw material increases such as oil, copper, gold…etc.
We will continue to monitor this situation and which series may be affected the most.