Nashville, TN – Bridgestone announced it will increase prices up to 8 percent on its U.S. and Canada Bridgestone and Firestone OTR tires and Firestone Ag Tires and Tubes portfolios. It will also increase prices an average of 14 percent on the Firestone Tracks portfolio. This price adjustment is a necessary step as Bridgestone continues to manage market dynamics, including escalated logistics, business and raw material costs.
The new pricing will take effect June 1. Price adjustments will be implemented at the specific pattern and article level for each business. Specific details will be communicated by Bridgestone account managers directly to national account customers, original equipment manufacturers and dealers no later than May 18.
Bridgestone is committed to minimizing the impact of increased business costs on its customers. As always, the company continues to look for new opportunities to engineer efficiency into its business while also investing to protect the value of its brands and unlock new, sustainable growth opportunities with its customers.