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Michelin Announces Price Hikes

January 04, 2011

GREENVILLE, SC - Due to increasing raw material costs, Michelin North America is increasing prices on its Michelin earthmover and industrial replacement tires up to 7 percent, effective Feb. 1, for tires sold in the U.S., Canada, and Mexico, reported Modern Tire Dealer.

The company announced it also will increase prices on Oliver and MegaMile retread rubber products up to 7 percent, effective Jan. 3, for products sold in the U.S.


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