News Release from Titan International, Inc.September 5, 2008
Titan Tire Corporation to Implement Price Increase
QUINCY,
Ill.-Titan Tire Corporation, a subsidiary of Titan International Inc.
(NYSE: TWI), will implement a price increase on Titan, Goodyear and
General branded off-the-road, farm and construction tires, effective
October 1, 2008.
The increase of up to 10 percent will offset
rising raw materials, such as natural and synthetic rubber, steel,
carbon black and energy. Certain tire prices may rise in excess of 10
percent due to realignment and positioning of the product.
Titan
International Inc., a holding company, owns subsidiaries that supply
wheels, tires and assemblies for off-highway equipment used in
agricultural, earthmoving/construction and consumer (including all
terrain vehicles) applications. For more information, visit
www.titan-intl.com.