Oil-Dri Announces Plans to Raise Prices on its U.S. and Canadian Branded and Private Label Cat Litter Products
10/14/2021 - 04:14 PM
CHICAGO, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) today announced that it is notifying customers of plans to raise prices of its cat litter products during the second quarter of fiscal year 2022. These pricing actions will apply to branded and private label cat litter products sold within the United States and Canada.
Inflationary pressure has continued to affect many key cost inputs, including freight, packaging, materials, natural gas, and non-fuel manufacturing costs. Despite expense and operational optimization efforts, Oil-Dri must implement price increases in order to offset these elevated costs and maintain the high quality of its products and service levels.
Oil-Dri sales representatives will communicate specific details of the price increase to their customers directly.
About Oil-Dri oildri.com .
Category: Company News
Contact:InvestorRelations@oildri.com
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ODC Stock Data
Industry
All Other Miscellaneous Manufacturing
Sector
Manufacturing
Tags
Process Industries, Industrial Specialties, Chemicals: Agricultural, Manufacturing, All Other Miscellaneous Manufacturing
Country
US
City
Chicago
About ODC
our mission is to create value from sorbent minerals. over the past 75 years we have become a leading manufacturer and supplier of high-quality sorbent products for consumer and business to business markets. we are passionate about continuously improving the value our customers receive from our products and services. we take pride in being an organization that emphasizes high moral and ethical values. we are vertically integrated which enables us to efficiently oversee every step in our processes—from research and development to supply chain to marketing and sales. we handle it all with honesty, integrity and a passion for excellence.
