Due to the continued rising costs of raw materials, Yokohama Tire Corp., Fullerton, Calif., will increase prices on its off the road tires by 3 to 5 percent beginning Jan. 1, 2007.
"The record escalation of raw material costs, petroleum-related material and energy costs, as well as transportation costs, have combined to make price increases a necessity," said Gary Nash, Yokohama director of OTR tire sales. "Yokohama's improvements in operational efficiency have actually helped offset higher materials costs. In fact, the 3 to 5 percent bump is inline with all our other product lines."
The increase will be on all OTR brands produced by Yokohama. Specific details, including inline adjustments, will be announced at a later date.
"We'll continue to use our technology and ongoing improvements in manufacturing and operational efficiency to deliver the best products at competitive prices and meet our customers' needs," said Jim MacMaster, Yokohama executive vice president, Business Division.
Servicing a network of more than 4,500 points of sale in the U.S., Yokohama Tire Corp. offers a complete line of tires, including high-performance, light truck, passenger car, commercial truck and bus, as well as off-the-road mining and construction applications.
For more information, visit www.yokohamatire.com.
"The record escalation of raw material costs, petroleum-related material and energy costs, as well as transportation costs, have combined to make price increases a necessity," said Gary Nash, Yokohama director of OTR tire sales. "Yokohama's improvements in operational efficiency have actually helped offset higher materials costs. In fact, the 3 to 5 percent bump is inline with all our other product lines."
The increase will be on all OTR brands produced by Yokohama. Specific details, including inline adjustments, will be announced at a later date.
"We'll continue to use our technology and ongoing improvements in manufacturing and operational efficiency to deliver the best products at competitive prices and meet our customers' needs," said Jim MacMaster, Yokohama executive vice president, Business Division.
Servicing a network of more than 4,500 points of sale in the U.S., Yokohama Tire Corp. offers a complete line of tires, including high-performance, light truck, passenger car, commercial truck and bus, as well as off-the-road mining and construction applications.
For more information, visit www.yokohamatire.com.
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