ERJ staff report (R&PN)
Fort Mill, South Carolina -- Continental Tire North America Inc. said it will hike prices for industrial tyres sold in the US by 4.5 percent effective 1 March, and 15 March in Canada.
The company said rising costs of raw materials, energy and transportation were to blame for the price increases.
Conti said the price changes include the chance of in-line adjustments.
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Conti raising industrial tyre prices from Rubber & Plastics News (a Crain publication)