24.08.2011
Eurotire Announces Price Increase On All Its Bias and Radial Tires For Immediate Release: August 23, 2011

Eurotire Announces Price Increase On All Its Bias and Radial Tires

For Immediate Release: August 23, 2011

EUROTIRE, New York, New York, USA – EUROTIRE an emerging global leader in the OTR tire industry has announced it will increase prices by up to 9.8% on all its OTR Bias tires and up to 11.5% on all its OTR Radial tires globally effective September 5, 2011. Orders delivered before that date will be at pre-increase prices.

Mike Bloor, Eurotire VP of Global Sales, says “Our company is well known for its quality products, technical support and commitment to our customers, but we’ve been unable to absorb rising costs on raw materials, energy and transportation. At this point, we find it necessary to increase prices on all our bias and radial OTR tires”.

Eurotire is the latest OTR tire manufacturer to announce price increases this year.

We appreciate the continued support and understanding of all our loyal customers and will make every effort to minimize these increases while still delivering a premium product at the best price.

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EUROTIRE is an emerging global leader in the design, manufacture, service and support of OTR tires for the surface mining industry. Its history spans more than 50 years with its tire products being shipped under the Eurotire brand since 2005. Eurotire’s products are in operation on haul trucks, wheel loaders, and other heavy support trucks and wheeled equipment used in the world's most demanding surface mining applications. With distribution, service, sales, and logistics teams strategically located on five continents, and with products becoming known for their quality and durability, Eurotire is well positioned to support its global customers in reaching their production goals. To request information contact Sue Schaffnit, Marketing Coordinator at email: sue.schaffnit@eurotire.net or visit www.eurotire.net.