Beginning March 1, Titan is raising prices on its OTR (off-the-road), farm and construction tires along with the Goodyear-branded farm tires it manufactures.
Some of the increases could exceed 6 percent.
The company cites heightened expenses for raw materials, energy and transportation.
“As the economy begins to emerge from the global economic crisis, we have seen added pressure on input costs,” says Jeff Vasichek, vice president of sales and marketing. “While we may see additional pricing pressure in the future, we continue to focus on customer needs in our markets.”
For more information, visit www.titan-intl.com.
