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Price of Michelin Retreads to Increase

Michelin Retread Technologies announced that it will increase its prices by an overall average of 6 percent on retread rubber products sold in the U.S. The tiremaker stated that the continued escalation of raw material costs is the reason for the decision. The price increase starts on April 1, according to Michelin.

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GREENVILLE, SC — Michelin Retread Technologies announced that it will increase its prices by an overall average of 6 percent on retread rubber products sold in the U.S.

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The tiremaker stated that the continued escalation of raw material costs is the reason for the decision. The price increase starts on April 1, according to Michelin.

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