Bridgestone Americas Off Road Tire Announces Price Increases
NASHVILLE, Tenn. (March 15, 2010) – Off Road Tire division, Bridgestone Americas Tire Operations, LLC (BAOR) has announced plans to increase list prices by up to 4 percent with some in-line adjustments. The price increases will affect all mining, construction, and industrial tires marketed by BAOR. The price increases are scheduled to begin April 1, 2010.
“Despite our efforts to absorb these 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,” said Shawn Rasey, President, BAOR.
About Off Road Tire, U.S. & Canada Commercial Tire Sales division, Bridgestone Americas Tire Operations:
Off Road Tire, U.S. & Canada Tire Sales division (BAOR), Bridgestone Americas Tire Operations, manufactures, markets and sells off road (OTR) tires used in heavy duty applications for construction, mining, aggregates and industrial operations. Today, BAOR is a significant supplier to most original equipment manufacturers as well as most major global mining and construction companies, supplying nearly 40 percent of the domestic replacement and original equipment markets. BAOR offers the industry’s most comprehensive selection of radial and bias OTR products, including retread tires manufactured with Continuum tread rubber; a dedicated sales and engineering staff; sales and distribution through 1,000 dealers as well as the company’s commercial outlets; and the proprietary software, TreadStat Tire and Rim Management System.
About Bridgestone Americas Tire Operations:
Nashville, Tenn.-based Bridgestone Americas Tire Operations (BATO) is a business unit of Bridgestone Americas, Inc., whose parent company, Bridgestone Corporation, is the world’s largest tire and rubber company. Reporting into the BATO business unit are the company’s Latin American tire operations, the U.S. and Canadian consumer tire businesses and the U.S. and Canadian commercial tire businesses. BATO develops, manufactures and markets Bridgestone, Firestone and associate brand tires. The business unit is focused on retail, wholesale and original equipment markets, supplying passenger, light truck, commercial vehicle, off road, motorcycle, agricultural and other tires to its customers in the Americas. In addition, through its Bridgestone Bandag Tire Solutions unit, retreading customers have access to industry-leading research and development, manufacturing, marketing, and sales expertise, providing them with a total tire solution.
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