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News Release from Titan International, Inc.
September 8, 2006 TITAN SIGNS FIVE-YEAR AGREEMENT WITH GROVE QUINCY, Ill.—Titan Tire Corporation and Titan Wheel Corporation of Illinois, subsidiaries of Titan International, Inc. (NYSE: TWI) have entered a new five-year wheel and tire supply agreement with Grove U.S. LLC, maker of mobile hydraulic, truck mounted and industrial cranes. “Titan is happy to partner with Grove, a company known for strong, reliable lifting solutions, in this long-term commitment,” said Titan Chairman and CEO Maurice Taylor Jr. “The General OTR tire brand is a leader in the crane industry, and Titan’s wheels are the best in the business. Grove’s customers will benefit from quality equipment, paired with leading American-made Titan assemblies.” Titan expanded its off-highway tire business with the acquisition of Continental Tire North America’s Bryan, Ohio, OTR (off-the-road) facility on July 31, 2006. The company’s dealer network includes Titan, Goodyear and Continental/General brands. 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 and trailers) applications. Contact: Courtney Leeser
Communications Coordinator
(217) 221-4489 |
