Bridgestone Americas announced it will increase prices up to 10% for Bandag products including treads, cushion and ancillary items sold in the U.S. and Canada, effective Sept. 1. All orders, regardless of backorder status, will reflect this increase immediately. Members of the commercial sales team are contacting customers directly to provide more information about the changes, the company says.
Bridgestone says the price adjustment is necessary as it continues to navigate current market dynamics. The company is committed to minimizing the impact of increased business costs on customers and continues to look for new opportunities to engineer efficiency into the business, Bridgestone says.