Andrew Simplifies Price Structure for Cable Products
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WESTCHESTER, Ill.--(BUSINESS WIRE)--Andrew Corporation, a global leader in communications systems and products, will implement a simplified pricing structure for all cable products.
Effective January 1, 2007, Andrew will eliminate standalone surcharges and adjust list prices to reflect fluctuating costs of raw materials, especially copper, that are used in manufacturing Andrew's HELIAX® and RADIAX® cable and related products. Prices will be adjusted quarterly, as necessary.
Andrew began applying surcharges on its cable products in April 2006 to partially offset the ongoing, dramatic rise in raw material costs. Effective January 1, surcharges instead will be included in the adjusted prices. On average, however, the new price structure is expected to have little or no impact on current net pricing paid by customers.
"This new structure will simplify pricing of cable products for Andrew customers, and is in direct response to our customers' feedback regarding standalone surcharges," said John DeSana, group president, Antenna and Cable Products Segment, Andrew Corporation. "We remain committed to cost-effectively providing the world's highest quality and performance in cable products, including a simplified pricing plan and new options such as our recently introduced aluminum cable products."
Additional list price information is available from Andrew's sales representatives, distributors, and http://www.andrew.com/catalog38/price_list.aspx.
About Andrew Corporation
Andrew Corporation (NASDAQ:ANDW) designs, manufactures, and delivers innovative and essential equipment and solutions for the global communications infrastructure market. The company serves operators and equipment manufacturers from facilities in 35 countries. Andrew (www.andrew.com), headquartered in Westchester, IL, is an S&P Mid-Cap 400 company founded in 1937
Contacts
Andrew Corporation
News Media Contact:
Rick Aspan, 708-236-6568
publicrelations@andrew.com
or
Investor Contact:
Lisa Fortuna, 708-236-6507
