Bridgestone Americas Commercial Solutions Announces Price Increase on Off-Road and Continuum Products
NASHVILLE, Tenn. (Nov. 22, 2011) - Bridgestone Americas Commercial Solutions (BACS), a business of Bridgestone Americas Tire Operations, today announced that effective Jan. 1, 2012, it will increase base prices on Bridgestone, Firestone and Continuum off-road tire products and Continuum pre-cure tread rubber and related retreading materials by 15 percent in the United States and 10 percent in Canada. Individual increases will vary by channel.
“We are committed to providing our customers with products of the highest possible quality and value,” said Kurt Danielson, President, BACS. “While we make every effort to absorb rising costs, increases related to market conditions, supply pressures, global competition and manufacturing expenses have made these adjustments 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 and off the road 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 and Continuum OTR retreads 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 customers with total tire solutions.
About Bridgestone Americas Tire Operations:
Nashville, Tenn.-based Bridgestone Americas Tire Operations (BATO) is a business unit of Bridgestone Americas, Inc., whose parent company, Bridgestone Corporation, is the world's largest tire and rubber company. Reporting into the BATO business unit are the company's Latin American tire operations, the U.S. and Canadian consumer tire businesses and the U.S. and Canadian commercial tire businesses. BATO develops, manufactures and markets Bridgestone, Firestone and associate brand tires. The business unit is focused on retail, wholesale and original equipment markets, supplying passenger, light truck, commercial vehicle, off road, motorcycle, agricultural and other tires to its customers in the Americas. In addition, through its Bridgestone Bandag Tire Solutions unit, retreading customers have access to industry-leading research and development, manufacturing, marketing, and sales expertise, providing them with a total tire solution.