May 21, 2010 

RE:  PRICE INCREASE NOTIFICATION

Dear Valued Globe Pipe Hanger Products Customers,

Due to the escalation of raw material costs, Globe will be adjusting its price lists by an average increase of 7% across its product line of pipe support products.  The price increase will be effective on all shipments starting Monday, June 21, 2010. 

Please note that until further notice Globe has reduced its requirement to receive prepaid freight from 2,000 lbs (approximately $2,100 - $2,400 depending on product mix) to $1,500 per order.  Prepaid freight is at the lowest published motor freight rate within the continental USA.

Updated Price Lists are available through the Globe Customer Service Department.  If you have any questions, please contact your Globe sales representative or Globe Customer Service.  Thank you for your continued support of Globe Pipe Hanger Products.

Sincerely,

Dan Collins
Vice President Sales & Marketing