Michelin North America announces price increases

Michelin North America Inc.. conduct a price increase of its base truck tires. The MICHELIN brand will suffer an increase of up to 5% and the BFGoodrich brand increase of up to 6%. Price changes will be in effect in Canada on all MADE expeditions with effect from 1 February 2009.

Michelin puts all its know-how and innovation to the mobility of goods and people around the world. Michelin develops, manufactures and sells tires for every type of vehicle, including airplanes, automobiles, bicycles, earthmovers, farm equipment, trucks, motorcycles and even the space shuttle. The company also publishes travel guides, maps and atlases covering Europe, Asia, Africa and North America. Michelin North America (Canada) inc. (Www.michelin.ca), whose head office is located in Laval, Quebec, employs more than 3,700 people and operates three factories.