Quoted from Yesh23:Labor prices and labor shortages are a HUGE issue. I can promise you this that Stern pays employees more today than they did 1 year ago. I also can promise you if you asked them if they’re fully staffed, they’d tell you that they could use another 20-40 employees
I can attest to this - I work At a Chicago mfg plant and we make parts (not for pinball…yet - I’m working on that) labor shortage is a HUGE problem right now. With Amazon offering $18 an hr plus a $3,000 sign on bonus, finding people who are willing to do labor In a plant is extremely difficult. No shock to see Stern raise their prices - add in shortages of pretty much every raw material too - it’s a tough go right now. Demand is just too high for everything - hand to mouth these days that’s for sure. Raising pricing when demand is high is not uncommon. Ride the gravy train when you can and get lean during the eventual downturn.