TRELLEBORG, Sweden—Trelleborg Wheel Systems S.p.A. is implementing price increases of up to 15 percent on all segments globally, starting in April.
Trelleborg Wheel cited "current market fluctuations and the sharp rise in the cost of raw materials, energy and logistics" as reasons for the price increase, the Tivoli, Italy-based company's second increase in 2022.
The increases will vary by region to reflect local market conditions.
The company raised prices globally in January by up to 10 percent.
