Camso increases tyre prices

News Story
- 2 Mar 2017 ( #810 ) - Magog, QC, Canada
1 min read
Tyre prices set to rise again
Tyre prices set to rise again
Tyre maker Camso has announced a price increase averaging 8% for all of its materials handling and construction products, as of April 1, 2017.

Camso attributes the increase to rising costs of raw materials.

The price increase will affect all aftermarket customers globally, but will vary depending on product line and regions.

"Raw material prices have increased significantly and additional increases are expected," says Derek Bradeen, Camso's global director of brand and communications. "Faced with this reality, we're compelled to reflect this in the pricing of our products," concludes Bradeen.

Camso says it remains committed to delivering the best performing and most competitive products that meet the unique niche mobility needs of the compact construction and materials handling industries.

Camso, formerly Camoplast Solideal, is one of the largest manufacturers of off-road tyres, wheels, rubber tracks and undercarriage systems for the materials handling, construction, agricultural and powersports industries.

The Camso increase announcement follows a 6% rise introduced last month by Italian manufacturer Marangoni Industrial Tyres.

That increase was also blamed on the rising prices of raw materials.

"The most crucial factors are the demand increase, weakness of the Euro compared to the Dollar and the spike in the price of natural rubber, which has almost doubled in the last 12 months," the company says in a statement.

Sri Lanka's GRI (Global Rubber Industries) has also confirmed to Forkliftaction News that it will increase prices from 1 April "between 5-8% based on the product line".

It is not clear if other major manufacturers will follow suit, but since all are impacted by the same supply conditions, further increases are likely.
Clark reaches out to Camso
Clark reaches out to Camso 11 Jun 2020 - Auckland, New Zealand - <1 min read
Petlas releases new forklift tyre
Petlas releases new forklift tyre 30 Jan 2020 - Ankara, Turkey - 1 min read
Camso buys UK specialist
Camso buys UK specialist 8 Mar 2018 - Vale of Glamorgan, United Kingdom - 1 min read
Previously about:
Clark reaches out to Camso News Story - 11 Jun 2020 - Auckland, New Zealand - <1 min read
Camso offers contactless tyre services News Story - 28 May 2020 - Magog, QC, Canada - 1 min read
Camso chosen for driverless tractor News Story - 24 Oct 2019 - Magog, QC, Canada - 2 min read
Do you have materials handling news? Submit your news here

PREMIUM business

Hangzhou Manforce Material Handling Equipment Co., Ltd
Specializing in Nichi and conventional forklift products, we create significant value for all our partners!

“Over the years, your platform has played a key role in expanding our global presence — connecting us with industry professionals and promoting our advanced products, including our 50T electric forklift...Forkliftaction has helped us stay informed and competitive in a rapidly evolving market…”  - Bill Cai, Director, Overseas Division, Fujian Southchina Heavy Machinery Manufacture Co., Ltd

Thanks for your support! Read the full testimonial & more industry messages ♥ here.

Words of support …

Thanks to advertising with Forkliftaction, we have received inquiries and more and more people are aware of Ningbo Ruyi Joint Stock Co.,Ltd, which fits with our company's goal to go global and let the world know more about the benefits of our Xilin brand.

Michille Shi, Vice General Manager Sales

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

“Over the years, your platform has played a key role in expanding our global presence — connecting us with industry professionals and promoting our advanced products, including our 50T electric forklift...Forkliftaction has helped us stay informed and competitive in a rapidly evolving market…”  - Bill Cai, Director, Overseas Division, Fujian Southchina Heavy Machinery Manufacture Co., Ltd

Thanks for your support! Read the full testimonial & more industry messages ♥ here.

PREMIUM business

Yale Lift Truck Technologies
Yale offers a full line of forklifts to help customers adapt to today's demanding supply chain.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

“Over the years, your platform has played a key role in expanding our global presence — connecting us with industry professionals and promoting our advanced products, including our 50T electric forklift...Forkliftaction has helped us stay informed and competitive in a rapidly evolving market…”  - Bill Cai, Director, Overseas Division, Fujian Southchina Heavy Machinery Manufacture Co., Ltd

Thanks for your support! Read the full testimonial & more industry messages ♥ here.