Maxam Tire North America Inc. will increase the prices of its radial, specialty, industrial and construction product lines by up to 7% in the U.S. and Canada.
“This pricing action is necessitated by the continued escalation in the cost of raw materials, as well as freight expenses that have impacted us in 2016 and will continue to be a factor in the business,” said John Overing, director of sales and marketing for Maxam. “As always, Maxam will continue to position our products to provide the best value for both our dealer network and our end user customers.”
The price increases will go into effect April 1, 2017.