Meusburger guarantee addresses raw material concerns

Meusburger has responded to steel supply concerns by guaranteeing delivery of its products. Despite rising prices for steel, the company said in a press release that it has continued to purchase raw material to keep its stocks high and avoid supply interruptions.

While the company has been successful in avoiding passing along higher prices for the raw material to its customers during the past six months, it said it is forced to make price adjustments to adapt to rising prices.

With headquarters in Wolfurt, Austria, Meusburger manufactures a wide variety of mold components, dies and hot-runner and control systems.