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Schindler announces price increase in U.S. and Canada

Schindler Elevator Corporation, the North American operation of the Swiss elevator and escalator maker Schindler Group, announced an immediate price increase of approximately eight percent (8.0%) on all elevator products and six percent (6.0%) for escalators and moving walks. The increase is due to continuing escalation of fuel prices, and soaring price increases for commodity and specialty metals, which impact Schindler's costs for manufacturing and product transportation.



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