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Bridgestone Commercial Solutions Announces Price Increases

NASHVILLE, Tenn. (July 1, 2011) - Bridgestone Commercial Solutions, a business of Bridgestone Americas Tire Operations, announced today that effective immediately it has increased prices in the U.S. 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.”

About Bridgestone Commercial Solutions:
Bridgestone Commercial Solutions, a business of Bridgestone Americas Tire Operations, 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 United States and in Canada through Bridgestone Canada Inc. Bridgestone and Firestone brand truck tires are available through more than 2,500 dealers and truck stops across the U.S. and Canada. Bridgestone and Firestone Off Road tires are available through a network of more than 800 dealers in North America. In addition, through its Bandag brand, Bandag retreading dealers have access to industry-leading research and development, manufacturing, marketing and sales expertise through approximately 1,600 point of sale locations in North America. This combination of new and retread product offering provides trucking customers with total tire solutions.