Marangoni’s Direct Retreading and Services business unit has fallen into line with other major manufacturers by announcing price increases of between 4% and 7% on their TBR and OTR retread products as a reaction to the steep increases in raw materials prices that have occurred over recent months.
The decision has been made after an extensive review of manufacturing overheads and the company has pledged to keep future changes to their price structure in line with the increasing cost of raw materials for each product type.