Michelin to raise Oliver prices

Sept. 3, 2008

Michelin North America Inc. will raise prices on its Oliver and MegaMile brand pre-cure and bonding gum products up to 6% on Sept. 15.

Michelin officials say the decision was made "as a result of continuing increases in raw material, energy and transportation costs."

Last week, Bridgestone Bandag Tire Solutions increased Bandag tread rubber prices up to 6% in North America.