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Utilimaster Corporation Announces Price Increase

August 10, 2004

Effective August 2, 2004, Utilimaster Corporation will raise prices on all truck body and walk-in van product lines. “Escalating costs of raw materials – aluminum, steel, wood and petroleum based products - require price increases in our product lines ranging between 6 and 8 percent,” said Kevin Page, Utilimaster’s vice president of sales and marketing. “It is with reluctance that we are raising prices,” said Page, “but Utilimaster’s pricing must fairly reflect sharp increases in material costs.”
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