Nixon Hire price increase Jan 2022

October 2021

Nixon Hire price changes effective from 1st January 2022
Over the last two years, our business, like yours, has had to adapt to change and rise to new challenges. Nixon Hire have endeavoured to reduce costs throughout the business in order to minimise the impact of price increases that we have incurred through a period of continued economic unpredictability. However, over the past 6 months there have been unprecedented increases in the costs of our supply chain. Steel, shipping and other raw materials have all significantly increased our costs of both new equipment and parts/materials used to maintain and repair our fleet. On average to date, we have seen most of our manufacturers increase their prices in excess of 10% and over the coming months we are expecting to see this rise again.
As a result, in order to continue to serve our loyal customers and provide new innovative products to you, we must introduce a price increase of 7%, which will take effect from 1st January 2022. This price increase will apply to existing and new hires.
Nixon Hire is extremely grateful for your custom and whilst the decision to increase prices has been a difficult but unavoidable one, we are confident that our hire rate remains reasonable and competitive in the marketplace. We hope you will continue to be pleased with our superior product and service offering and look forward to continued business together.
Next Steps
All live contracts will be automatically increased on 1st January 2022. To minimise invoice queries, we would like to request that your internal purchase orders are amended to reflect the new hire rate.