Yokohama raising OTR tires 10 percent May 1
Yokohama Tire Corporation will implement a price increase of up to 10 percent on all of its off-the-road (OTR) tires in the United States, effective May 1. There will be in-line adjustments, as well, which will be announced at a later date.
Gary Nash, Yokohama vice president, OTR sales, said the price increase was not due to the recent earthquake in Japan.
“It’s from the escalating costs of raw materials, such as natural rubber,” he said.
Additional factors necessitating the increase, according to Nash, are the rising costs in transportation and manufacturing.“We do our best to integrate our operational efficiencies, technology and environmental procedures to produce the best OTR tires at competitive prices. The increasing costs, unfortunately, must be reflected in our product pricing.”
From our partners
The new Sandvik Ranger surface drill rig offers renowned drilling efficiency with up to 20% lower fuel consumption
Known to many by their former name, Ranger, Sandvik’s DX series surface…
MORE FROM Aggbeat Online
SUBSCRIBE & FOLLOW
- Sand portrait highlights aggregate industry's sustainability674 Views
- Vulcan makes several changes to its organizational structure541 Views
- Owner of rock quarry defends himself against park350 Views
- Caterpillar leadership sees changes, heads of mining and dealer support announce retirement 273 Views
- Officials wrongly closed frac sand mine238 Views