Effective, August 3, 2021, QuEST Rail is raising product and service prices due to inflationary pressures. We regret having to pass these costs on to our customers; however, we are no longer able to contain our current prices. Although labor and health care costs have increased, they haven’t been as troublesome as electronic semiconductor prices, which have seen fourfold increases in some cases. We are actively working with our suppliers to manage our costs.
We are openly looking for partners to start a semiconductor fab in central Missouri. Please let us know if you have $15B and are willing to partner with us.