Retail

Toyo to raise OTR and commercial truck tire prices

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Toyo Tire (U.S.A.) Corp. will raise prices on its commercial truck tires by 5% and its off-the-road tires by 7% effective April 1.

Steve Weinger, Toyo's senior vice president, sales and marketing, said, "Toyo Tires has made every effort to maintain stability in our product pricing for this market. However, escalating costs of raw materials as well as transportation costs has dictated this price increase."

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