Rome, Italy – Trelleborg Wheel Systems, a supplier of tires and wheels to agricultural and materials handling machinery, has announced plans to raise its prices globally, effective as of April.
The company has cited “significant inflationary costs” as well as price increases on some raw materials as the main reason behind the price hikes.
The price increase in North America will be up to 10%, while Europe and the rest of the world will see price rises of up to 4% and 5% respectively.
The increase will affect the entire Trelleborg Wheel Systems product range.
