VALENCIA, Calif. (May 28, 2010)—American Pacific Industries Inc. will increase prices for its Gladiator medium truck tires in North America by up to 6 percent on June 15.
API cited the continued escalation of raw materials costs and “significant” increases in ocean freight for its reasons. API imports the Gladiator brand from China.
API last raised the price of Gladiator-brand tires Feb. 1, by up to 8 percent.