With an increase in prices for steel and aluminum, the Mystic-based metal fabrication company Acme Wire Products is passing along the additional cost to customers, which are other manufacturers, who likely will pass along the costs, too.
The latter customers might be in the food processing, medical, furniture, automotive or sporting-goods industries. Take a company like Waterford-based Jaypro Sports, which manufactures sports equipment including batting cages, basketball hoop systems, goalposts, nets and tennis posts.
Jaypro absorbed the added costs for as long as it could, and stopped some of its discount programs. But if the company has to pass along the costs, school districts would be among those seeing the impact.
Read the full story here.