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TARIFFS INFORMATIONS

IMPACT ON SAVIK SUPER-CHROME INC. TARIFFS AND SURTAXES ON STEEL PRODUCTS ENTERING CANADA FROM THE UNITED STATES

Dear valued customer,

Effective July 1st 2018, the government of Canada should impose a 25% tariffs on steel products entering Canada from the United States.

Such tariffs will have a significant impact on Savik’s raw material supply chain and as a consequence on our cost structure.

Despite all the uncertainty, Savik Super-Chrome will make NO pricing adjustment related to tariffs the government of Canada should make effective July 1st.

We will monitor the situation over the next few weeks and we will keep you posted.

Our goal is to minimize the impact of tariffs on our cost structure and on our customer. This is why we are allowing ourselves some time to evaluate the real impact of such political decisions on our company.

It is not excluded that price increase announcement from cold finish mills are being made and that such price increases are not related to tariffs, but strictly by market conditions. Should this happen, we will address seperately.

We would like to take this opportunity to thank you for your continuous support and your understanding.

Sincerly

SAVIK SUPER-CHROME INC

Sylvain Montplaisir
VP & general Manager

New 5 year contract at Savik

Savik Super-Chrome and the representatives of its unionized workers have signed today a new collective  agreement.

The signature of the contract is confirming the agreement in principles reached by the parties on June 6th, 2016.

The agreement is a 5 year deal expiring January 31st, 2021.

The management at Savik Super-Chrome wants to thank the members of the union’s negociating commitee for their collaboration during the negociations of this new contract.

Sylvain Lemieux 1970-2016

It is with sadness that we learned the passing of one of our colleague, Sylvain Lemieux on March 6th, 2016.

Sylvain was part of our team for the past three years. He was our union workers president, a role that he took very serioulsy and he was very well liked by his fellow teammates. He will be remembered as a dedicated worker.

Our sincere thoughts are with his family, especially his wife Renée and his 4 daughters.

All of us at Savik Super-Chrome will keep a good memory of Sylvain.

Spring thaw 2016

Dear valued Customer,
The 2016 spring thaw period will begin on monday March 14th, 2016 to end on May 13th, 2016. As in the past years, we are reminding you to cooperate during this period. As always, Savik will do its best to have your orders delivered on time.

Nomination – Josée Mimeault

We are proud to inform you that Josée Mimeault will take more responsabilities at Savik Super-Chrome.

Josée, who had a prominent role at the inside sales department will take new responsabilities in conjonction with market development and sales representation across North America.

The management at Savik Super-Chrome is confident that Josée will meet those challenges and we wish her the best of luck