Nashville, February 3, 2016

To: Our Valued Customers

As we start 2016, we would like to take a moment to thank you for your continued support and dedication to Peterson Tool. Without our valued customers, our mission of providing superior quality tools and outstanding customer satisfaction would not be possible.

Peterson Tool Company is not alone in facing challenges to meet a demanding industry; we all continue to see increased cost in labor, materials, and surface treatments. In order to better serve you and continue to supply the same level of customer service and quality, Peterson Tool Company will be implementing a new price break structure with an effective date of February 1, of 2016. This structure will allow us to streamline and balance work centers to provide more accurate lead-times and deliveries. Please see below for the new structure for determining price breaks.


Price Break by Quantity (Carbide / HSS - Inserts)

NEW

6 pieces

12 pieces

25 pieces

50 pieces

100 pieces



Economical Lot Size


In conjunction with insert price breaks, Peterson Tool Company will align the price breaks for “Thrift” holders, clamps, anvils, rolls and adjustment screws to more accurately match the industry. Therefore, going forward there will only be a one piece price quoted on all hardware items.

In case of any questions, don’t hesitate to contact our Customer Service Team at 615-242-7341 or your Peterson Sales representative.

Again we appreciate your continued business and look forward to working with you in 2016 and beyond.

 

Osny Fabricio

Director of Global Sales & Marketing

Peterson Tool Company

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