The Marangoni Direct Retreading and Services business unit has increased its prices. The company has been forced to react to raw material cost hikes over the past few months by increasing the cost of its TBR and OTR retread products by between 4% and 7%. The revised price list will be implemented in Italy and Europe between March and April.
The decision was made after an extensive review of manufacturing overheads and the company has pledged to keep future changes to its price structure in line with the increasing cost of raw materials for each product type.
March 21, 2017