Prices of Double Coin truck and bus radial (TBR), high-speed crane and radial-off-the-road (ROTR) products will increase up to 6% on Nov. 1, 2017.
Due to current pricing pressures, Double Coin Holding Ltd. and its North American subsidiary, China Manufacturers Alliance LLC (CMA), say a general price increase of up to 6% with some in-line price adjustments will be implemented on Double Coin TBR, high-speed crane and ROTR products as well as private label products.
“The continuing increases in costs of the raw materials and additives used in manufacturing have prompted CMA to increase prices," says Tim Phillips, vice president of marketing and operations for CMA.
"While other manufacturers are facing the reality of raw material shortages in China’s domestic marketplace, we have been able to secure the necessary materials to meet our production requirements, insuring timely deliveries to all our customers."
For more information about Double Coin products, visit www.doublecointires.com.