Bridgestone Announces Significant Price Increases

July 1, 2011
Bridgestone Commercial Solutions, a business of Bridgestone Americas Tire Operations, last week announced that effective immediately it has increased prices in the United States and Canada on its Bridgestone and Firestone brand truck and bus tire products, Bandag brand retreads and related retreading materials. In addition, the price of Bridgestone, Firestone and Continuum OTR tire products and retread rubber will increase effective Aug. 1. The total average increase for all of the products listed above will be 11 percent.

Bridgestone Commercial Solutions, a business of Bridgestone Americas Tire Operations, last week announced that effective immediately it has increased prices in the United States and Canada on its Bridgestone and Firestone brand truck and bus tire products, Bandag brand retreads and related retreading materials. In addition, the price of Bridgestone, Firestone and Continuum OTR tire products and retread rubber will increase effective Aug. 1. The total average increase for all of the products listed above will be 11 percent.

“Volatile market conditions continue to provide many challenges to the transportation industry, and Bridgestone Commercial Solutions is certainly not immune to the rising cost of doing business,” said Kurt Danielson, president, Bridgestone Commercial Solutions. “We are particularly impacted by intense supply pressures and escalating raw materials, making this increase necessary at this time.”

Bridgestone Commercial Solutions provides tires and services for trucking, construction, mining, aggregates and industrial operations across the Americas. The division manufactures, markets and sells medium- and heavy-duty truck tires for the original equipment and replacement markets in the U.S. and in Canada through Bridgestone Canada Inc.