![]() “They’ve gone up dramatically, which drove our decision to take two price adjustments in four months.” “The biggest issue for us from all the tariff activity has been the fact that steel prices have been able to go up under the cover of the tariffs,” CFO David Sylvester told analysts during the furniture maker’s latest earnings report last month. Rising steel costs because of the tariffs also are affecting Grand Rapids-based Steelcase Inc. “More broadly, our profit optimization strategic priority will help to offset this exposure.” “On the supply side, we are performing value chain analysis to minimize tariff impact and identify opportunities for duty drawback and planning in-country supplier re-negotiations,” Veltman said in an email to MiBiz. Herman Miller has planned a number of steps to offset the cost pressures, in addition to the January price increase and adjusting project discounts, according to Veltman. tariffs, according to a recent call with analysts to discuss quarterly results.Ībout 5-6 percent of the company’s cost of goods sold “has potential exposure to tariffs,” which translates into an impact of about $24 million at the high end, said Kevin Veltman, Herman Miller’s vice president of investor relations and treasurer. The company imports various Chinese-made components and parts - such as monitor arms, for example - that are affected by the current U.S. (Nasdaq: MLHR) has “identified a range of actions” - including a price increase set for January 2019 - that will help mitigate President Trump’s 25-percent tariff on imported goods. Zeeland-based office furniture maker Herman Miller Inc. wades deeper into a trade war with countries including China, West Michigan-based office furniture manufacturers have been forced to raise prices and re-evaluate their supply chains to mitigate risks. If you still have questions, we're just a toll-free phone call, email or chat away.As the U.S. ![]() What boat prop size is right for you? What about pitch, bore and rotation? Our Props 101 primer can introduce you to terms of the trade and can walk you through key considerations for finding the right propeller. We know choosing a prop can be challenging. It's easy to replace a damaged propeller or upgrade your prop for better performance and greater fuel efficiency when you shop with us. With our low prices, personalized service and free shipping, it's no wonder that once our customers buy a prop from us, they never go anywhere else. We're avid watersports enthusiasts ourselves, so we can give you insider advice on what propellers and prop accessories will best suit your particular situation. We carry all of the best boat propellers and prop parts in stock at the lowest prices.Īt WakeMAKERS, you'll meet the industry's most experienced customer service agents ready to help you find the perfect prop for your needs. If you are looking to upgrade your propeller or just need to replace a damaged screw, you have come to the right place. If you're just getting started with the question, "what propeller is right for my boat?" our Props 101 video will help explain what is best for you, from 3 blade or 4 blade propellers to propeller size to proper pitch.įor DIY projects, you can also find all the tools and accessories you need here for removal and installation, from cotter pins to prop pullers. It doesn't stop there - we're also the most knowledgeable OJ Propellers dealer, too. Our dedication to leading the industry in watersports products has made us the largest and most knowledgeable Acme Propellers dealer in the world. ![]() Shopping for boat propellers can be overwhelming, so we've simplified the process by conducting product tests and gathering extensive feedback from customers to bring you the best selection of boat props. Whether you're upgrading your ride or you need to replace a dinged or damaged propeller, you'll find props and parts to maximize your fun on the water at WakeMAKERS. Because many boat manufacturers typically fit their crafts with multipurpose props designed to be all things to all boaters, watersports boaters can miss out on the peak performance that specialized props can offer. The right prop is just as important for your boat's performance as a powerful engine and sleek hull design are. Out of sight, out of mind - many performance boaters overlook the propellers that drive their watercraft, but the propeller is crucial.
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