Michelin will raise prices in July

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Michelin North America Inc. will raise its Michelin, BFGoodrich, Uniroyal, private and associate brand passenger and light truck replacement tire prices up to 8%. The increase is effective for all North American shipments on or after July 1.

Michelin also is raising prices on its earthmover and industrial tires sold in North America up to 8%, effective July 1.

Company officials say the increases are necessary due to rising raw material, energy and transportation costs.

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