News Release from Titan International, Inc. May 10, 2010
Titan to Implement Price Increase
QUINCY, Ill.-Titan Tire Corporation, a subsidiary of
Titan International, Inc. (NYSE: TWI), will implement a price increase on Titan
branded farm and construction tires and Titan manufactured Goodyear branded
farm tires effective June 1, 2010.
The
increase of up to approximately 6 percent will offset rising raw material, energy
and transportation costs. Certain tire prices may rise in excess of 6 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.