Yokohama Tire Corp. announced it will increase prices on its light- and medium-duty commercial truck and off-the-road (OTR) tires in the United States, effective Jan. 1, 2011. The adjustments are due to continued increases in the cost of raw materials and energy-related expenses. Commercial tires will increase by up to 6%, while OTR (bias and radial) will increase by up to 5%. There will be in-line adjustments, as well, which will be announced at a later date, according to the company.

“It’s a very difficult decision, especially in light of these tough economic times,” said Gary Nash, Yokohama vice president, OTR division. “However, by incorporating operational efficiencies with our environmental procedures and the latest technology, Yokohama remains committed to bringing the best products to the market at competitive prices.”