BIC Bucks The Trend, No Midyear Price Bump

Clearwater, Florida-based BIC Graphic USA (BGU) announced the company has no plans to institute a midyear price increase, even with increased fuel costs driving manufacturing costs up in all industries. BGU believes in helping distributors maintain good customer relations and business strategies. According to Jack Teague, president BIC Group Graphic, “As 2008 reaches its midpoint, the promotional products industry is dealing with a very competitive and inflationary marketplace. BIC Graphic USA recognizes and respects the relationship our distributors have with their customers, and the annual pricing commitments distributors have made as part of their business plan.” The current pricing will be held in place through the remainder of 2008.