Bridgestone will hike OTR tire prices

March 26, 2010

Bridgestone Americas Tire Operations LLC's Off-Road Tire division will raise prices on its mining, construction and industrial tires up to 4% on April 1.

Some in-line adjustments will be made, as well. "Despite our efforts to absorb cost increases through efficiencies and other means, we are increasing prices in order to cover a portion of the rising costs for raw materials, energy and transportation," says Shawn Rasey, president of Bridgestone Americas Tire Operation's Off-Road unit.