FRANKLIN, Tenn. — Carlstar Group L.L.C. will increase prices globally on its styled wheel products by up to 8 percent, effective on or before Feb. 1, 2018.
The prices of steel wheel components also will be increased similarly.
Carlstar cited significant volatility in the prices of steel and aluminum materials due to supply constraints as the primary reason for the increase.
Franklin-based Carlstar is a global manufacturer of original equipment and aftermarket specialty tires and wheels for the agriculture, construction outdoor power equipment, powersports, high speed trailer and flat free/manual markets.