Turf Net Sports Supplies/SLOW FEED NETTING/Miniature Golf Store have been receiving continued price increases in raw material supply and related outside services, including domestic and global freight costs. These impacts have been substantial in some areas and are hitting not only TNSS Group but are being felt globally in all facets of the sports market.
In some cases, suppliers are already warning of a potential second round of 2021 price increases.
We have all individually seen increases in fuel cost, food, utilities, etc. that are being driven by the large supply chains that have been interrupted for multiple reasons over the past year and the effects are very concerning at this time.
With this being the case, we are forced to announce a price increase that will be effective September 1st, 2021.
We will continue to monitor the situation in all market areas and make every effort to hold off any additional increases to the best of our ability. This is a volatile situation that we have not seen in past years. The increases stem from the impacts of 2020 Covid forced work stoppages, weather, and other factors that are out of our control.
We will continue to keep you updated on the situation and any positive or negative impacts that come forward will be shared upon receipt.