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Kumho to Increase Prices in 2008

Kumho Tire U.S.A. will increase tire prices up to 8%, effective Feb. 1, 2008. Price increases will vary, depending on the tire line and model.

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David Hudrlik, vice president and director of sales for Kumho, cited continuing price increases for raw materials and rising transportation costs as the reason for the increase. Kumho last raised prices on August 1, 2007. (Tire Review/Akron)

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