AGY says the price increase of 5% will apply to shipments from 1 July 2011.

“We have always invested in new product development and more efficient processing technologies," explains Drew Walker, AGY Vice President of Sales and Marketing.

"We take this step to ensure that AGY can continue to invest in the resources necessary to service customer requirements, not only today but also in the future.” 

AGY, headquartered in Aiken, South Carolina, USA, is a producer of glass fibre yarns and high-strength glass fibre reinforcements used in the aerospace and defence, electronics, construction and industrial markets.