Bandag Retreading Material Prices

(Akron/Tire Review) Bandag Inc is increasing prices on “most of its retreading materials” for North America, the company has announced. According to Bandag, all tread rubber products in the US will increase by a per-pound weighted average of 12 cents (US). In Canada, the increase will be 17 cents (Canada). Both increases take effect on 1 May. Bandag officials said that increasing raw material costs cannot be offset by increased efficiencies or productivity.