Greenville, South Carolina - Michelin North America Inc. said it will increase prices between 6 and 36 percent on 1 July for its Michelin, BFGoodrich and Kleber brand agricultural and compact line tyres and tubes sold in the US and Canada.
The tyre maker said back orders of record as of June 30 will benefit from price protection until 31 July.
The firm cited continuing increases in raw material, energy and transportation costs for its decision.
This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.
From Rubber News (A Crain publication)