Tariff Statements

Dear Drape‍r Dealer,

Tariffs and their impact on both imported and domestic goods continue to evolve and shape the economic landscape. This has created sustained cost pressures across our industry-especially on aluminum, steel, and other key components. Our response to this challenge has been guided by our core values of solid and partnership.

solid: We've been able to hold the line on pricing throughout the year, even as material costs have risen. That stability is the result of strategic inventory planning, our commitment to U.S. manufacturing, and the strength of our supply chain.

partnership: We remain committed to transparency, reliability, and long-term relationships. As market conditions continue to shift, we want to keep you informed and give you time to prepare.

The sustained cost increases, even from U.S.-based suppliers, have reached a point where a pricing adjustment is necessary. Effective September 8, 2025, pricing will increase for most products. For specific details about how these changes affect your pricing, please contact your Drape‍r sales representative.

We're here to support your business and help you navigate these changes with confidence. If you have any questions or need assistance with quoting, please don't hesitate to reach out.

Sincerely,

Lee Denhart

VP of Sales

The impact of tariffs is increasing in the American marketplace. Change and uncertainty seem to be the order of the day.

• At this time, Drape‍r is NOT increasing prices and is NOT imposing surcharges. Our January 2025 price lists are still in effect without surcharges.
• If you have a Drape‍r quotation which has not expired, we will honor it.
• If you request a quotation from Drape‍r today, prices will be valid for one‐year from the date the quote is issued for most products. For AV version, quotations issued after May 13, 2025 will expire on December 31, 2025
• We are working with our suppliers and partners to control our costs. If we do find it is necessary to increase our prices or apply surcharges, we will give you fair notice.
• You can still count on us for product availability, quality, innovation, and industry‐best lead times.

The Drape‍r Core Values include two that are especially important today: solid and partnership.

solid: Drape‍r is a five‐generation family‐owned company with a deeply held commitment to manufacturing in the USA. We are on a solid financial footing. We have 500,000 square feet of manufacturing space and over 700 employees, and we are still investing in our equipment and our workforce. We have worked through the Great Depression and the COVID 19 pandemic without employee layoffs. Draper is prepared for difficult times and takes the long view.

partnership: We value our relationships with customers, suppliers, and employees. We are here for you. Our supply chain is strong—we work tirelessly with our suppliers to prevent delays. We have strong relationships with many US suppliers.

The new tariffs are leading to some cost increases for us, primarily on aluminum, steel and some other components. At this time, we are continuing to absorb those increases and support our customers.

Thank you for trusting Draper. We remain committed to supporting your business with high‐quality products and dependable service.

If you have any questions, please don't hesitate to reach out.

Sincerely,

Lee Denhart

VP of Sales

In view of the uncertainty on tariffs, we want to let you know what Drape‍r is NOT doing.

As you know, some of our competitors have moved their manufacturing outside the US. Drape‍r is committed to USA manufacturing. We have been manufacturing our products in our Hoosier hometown of Spiceland, Indiana, since 1902. We continue to invest in our facilities and equipment: we now have 500,000 square feet of manufacturing space at our Indiana headquarters.

Our supply chain is strong ‐ we work tirelessly with our suppliers to prevent delays.

The new tariffs are leading to some cost increases for us, primarily on aluminum, steel and some other components. We are absorbing those increases for the present.

What this means for you:

• We are NOT implementing any price increases at this time. - All of our price lists that took effect in January 2025 are still valid.
• We will honor all quotes through stated expiration date.
• You can still count on us for product availability, quality, innovation, and industry-best lead times.

Thank you for trusting Drape‍r. We remain committed to supporting your business with high‐quality products and dependable service.

If you have any questions, please don't hesitate to reach out.

Sincerely,

Lee Denhart

VP of Sales

News about tariffs continues to shift, creating uncertainty in the market. We want to assure you that our pricing remains unchanged, and we continue to deliver industry‐best lead times.

How does Drape‍r remain stable in the face of uncertainty? While some competitors have moved manufacturing outside the U.S., Drape‍r has stayed true to our roots - designing, engineering, and assembling our products in Spiceland, Indiana, since 1902. Our commitment 500,000 square feet.

Our supply chain is strong ‐ we work tirelessly with our suppliers to prevent delays.

We take pride not only in our product quality but in the people behind them. Drape‍r has never had a layoff in its history, and it's not uncommon to find employees who have been with us for 20, 30, 40, or even 50 years.

What this means for you:

• No near‐term price increases due to tariffs ‐ We will honor all quotes through their stated expiration date.
• Reliable product availability ‐ We work hard to minimize supply chain surprises.
• Proven product quality ‐ Each shade and screen is individually tested before shipping.
• Industry‐best lead times ‐ Keeping your projects on schedule.
• Commitment to innovation ‐ We continue developing new and innovative solutions.

Thank you for trusting Drape‍r. We remain committed to supporting your business with high‐quality products and dependable service.

If you have any questions, please don't hesitate to reach out.

Sincerely,

Lee Denhart

VP of Sales