Trelleborg Wheel Systems announces a seven to ten percent price increase in Europe, effective June 1st, 2015.
The price rise, which includes tires for agricultural, forestry and light agricultural application, is driven by a macroeconomic pressure on the manufacturing footprint outside the European area. The strong appreciation of the USD against the Euro along with the procurement of raw material out of Asia lead to significant production cost increase.
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"Trelleborg Wheel Systems announces price increase"