GREENVILLE, S.C. (April 1, 2011)—Michelin North America Inc. is raising prices up to 8 percent on Michelin-brand earthmover replacement tires in the U.S. and Mexico, effective May 1.
The price increase is a result of escalating raw material prices, the Greenville-based tire maker said.
Michelin last hiked prices on earthmover tires Feb. 1 by up to 7 percent.