MUSCATINE, Iowa (Dec. 5, 2007) — Bridgestone Bandag L.L.C. raised prices up to 4 percent on tread rubber products to franchised dealers only in the U.S., effective Dec. 4.
No increases will be instituted for tread rubber products sold in Canada.
Bandag cited continued increased in raw material prices as the reason for the increase.
Bridgestone Bandag is a wholly owned subsidiary of Bridgestone Americas Holding Inc., which recently bought Bandag Inc.