Trelleborg

Trelleborg announces price increase for industrial tires in non-US dollar countries

February 9, 2015 - Trelleborg Wheel Systems is to implement a price increase for its industrial tires division. Effective from April 2015, prices will increase by 7-10% depending on the specific country. The price increase will apply to the EMEA region (Europe, Middle East & Africa) and all other markets outside of US dollar denominated markets.

Jean-Paul Mindermann, President Business Unit Industrial Tires, says: “Industrial tire prices have remained relatively stable over the past two years but unfortunately this is no longer sustainable.”

“Over the past six months currencies, including the Euro, have depreciated considerably against the US dollar resulting in a significant increase in our manufacturing cost base. We have taken all possible measures to mitigate the impact of this cost increase for our customers, but the continued strength of the US dollar is now obliging us to react.”

Reader enquiries

Trelleborg Wheel Systems
Via Nazionale Tiburtina, 143
00010 Villa Adriana Tivoli
Italy
www.trelleborg.com/wheels

Notes for editors


Trelleborg Wheel Systems is a leading global supplier of tires and complete wheel systems for agricultural and forest machinery, forklift trucks and other materials-handling vehicles. The company offers highly specialized solutions to create added value for customers. Trelleborg is partner of all leading manufacturers of tractors and agricultural machines. It has annual sales of about 485 million EUR, over 3,000 employees and 8 manufacturing facilities all around the world. www.trelleborg.com/wheelsystems

Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. Its innovative engineered solutions accelerate performance for customers in a sustainable way. The Trelleborg Group has annual sales of about SEK 21 billion (EUR 2.5 billion, USD 3.3 billion) in over 40 countries. The Group comprises five business areas: Trelleborg Coated Systems, Trelleborg Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. In addition, Trelleborg owns 50 percent of Trelleborg Vibracoustic, a global leader within antivibration solutions for light and heavy vehicles, with annual sales of approximately SEK 15 billion (EUR 1.7 billion, USD 2.3 billion) in about 20 countries. The Trelleborg share has been listed on the Stock Exchange since 1964 and is listed on NASDAQ OMX Stockholm. www.trelleborg.com

Editorial enquiries

James Pick
Trelleborg Wheel Systems

+44 1291 637677
james.pick@​trelleborg.com

Anouk Luykx
EMG

+31 164 317 017
aluykx@​emg-pr.com

 

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