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Response to Newsjock (Original post)

Wed Feb 20, 2013, 02:26 PM

2. Titan Tires

The Titan Tire Corporation was formed in 1993 by Maurice M. Taylor Jr., the then owner of Titan Wheel, when Titan purchased the Dyneer Corporation, which manufactured various off-road tires. Titan is the third largest manufacturer of off-road tires in North America. They continued expanding their product offering and reach by purchasing the off-road tire assets of Pirelli Armstrong Tire Corporation in 1994. The Titan Tire Corporation was split off as a subsidiary of Titan International (NYSE: TWI) in 1997.

The assets of Fidelity Tire, based in Natchez, Mississippi, was purchased from Bankruptcy Court in 1998, and the company refocused with the sale of its golf-cart, all-terrain vehicle, and lawn tractor tires and facilities in Clinton, Tennessee, and Slinger, Wisconsin to the Carlisle Tire & Wheel Company in 2000.

In 2005, Titan purchased the farm tire business of Goodyear, and continues manufacturing Goodyear agricultural tires under license. This acquisition included the plant in Freeport, Illinois. Titan again expanded in 2006 with the purchase of Continental AG's off-the-road (OTR) tire assets in Bryan, Ohio.

In 2010, Titan purchased the assets of Leavittsburg, Ohio based Denman Tire in bankruptcy court for US$4.4 million. This purchase includes the consumer-related tires (on-road) as well, which Titan is considering to divest.

In November of 2011 Titan Purchased Goodyear's Union City, TN plant four months after Goodyear closed it. It initially will be used for mixing raw materials for other Titan production facilities.

Titan announced that they have purchased the assets of Goodyear's Latin American off-road tire business for US$98.6 million. This includes the plant in Sao Paulo, Brazil, and a licensing agreement that allows Titan to continue manufacturing under the Goodyear brand, similar to its 2005 purchase of Goodyear's US farm tire assets.

Titan has manufactured tires for Caterpillar under the Caterpillar brand since 1999. OEM customers include John Deere, AGCO, Case IH/Case Construction, New Holland, Caterpillar and Kubota.

Titan manufactures under the Titan and Goodyear brands.

at least I know now what NOT to buy from this company

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Replies to this discussion thread
Arrow 29 replies Author Time Post
Newsjock Feb 2013 OP
riqster Feb 2013 #1
LineReply Titan Tires
dlwickham Feb 2013 #2
Flaxbee Feb 2013 #3
Berlum Feb 2013 #4
Iggo Feb 2013 #5
Sancho Feb 2013 #6
aint_no_life_nowhere Feb 2013 #25
Skittles Feb 2013 #7
davidthegnome Feb 2013 #8
pampango Feb 2013 #9
Teamster Jeff Feb 2013 #10
AnotherMcIntosh Feb 2013 #11
Mika Feb 2013 #13
Sunlei Feb 2013 #12
Sen. Walter Sobchak Feb 2013 #14
DisgustipatedinCA Feb 2013 #15
pampango Feb 2013 #17
harmonicon Feb 2013 #16
happyslug Feb 2013 #18
pampango Feb 2013 #19
happyslug Feb 2013 #20
pampango Feb 2013 #21
happyslug Feb 2013 #22
pampango Feb 2013 #26
Gormy Cuss Feb 2013 #24
Ash_F Feb 2013 #23
dmosh42 Feb 2013 #27
Nay Feb 2013 #28
PD Turk Feb 2013 #29
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