Titan International, Inc.: Manufacturer of Tires, Wheels and Rims

Titan International, Inc. operates from its headquarters in Quincy, Illinois. The business, together with its subsidiaries, provides its products and services to the off-highway vehicle market. The business was incorporated in March 1983 with a history that goes back to more than 100 years ago.

The business entered the tire market in 1993 and started out in the off-highway wheel manufacturing business. Titan International operates on a global scale and focuses on the markets of consumer applications, construction, earthmoving and agriculture. The history of the business started with the Electric Wheel Company, which was founded by John A. Stillwell in 1890. The business was created as a manufacturer of wheels for wagons and farm implements. From the creation of wheels, the company eventually evolved into a manufacturer of tractors and wagons and several other implements.

From its humble beginnings, the business has evolved into a giant venture that works closely with some of the world’s biggest names in heavy equipment and off-highway vehicles. Some of the largest customers of Titan International are Caterpillar, Inc., Deere & Company, AGCO Corporation and CNH Global N.V. It operates through its three reporting segments: agricultural, consumer and earthmoving/construction. The agricultural unit produces rims, wheels and tires that are used in agricultural and forestry equipment. These products are used in planters, irrigation equipment, skidders, plows and tractors. The consumer segment manufactures light truck tires (Russia) and bias truck tires (Latin America). The earthmoving/construction segment provides tires, wheels and rims that are used in various off-the-road (OTR) earthmoving, construction equipment, mining, military and similar vehicles.

Through the company’s aggressive approach in strategically acquiring similar companies, it continues to grow and expand its operations. Titan International, Inc. has the largest dealer network focused on the industry of agriculture. The business remains publicly traded on the New York Stock Exchange and market its common shares using the symbol TWI.