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TITAN INTERNATIONAL INC

TWI NYSE Materials · Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) West Chicago, IL www.titan-intl.com
$7.00
Mkt Cap 448.0M
Titan, is a global wheel, tire, and undercarriage industrial manufacturer and supplier that services customers across the globe. Titan traces its roots to the Electric Wheel Company in Quincy, Illinoi…

Titan, is a global wheel, tire, and undercarriage industrial manufacturer and supplier that services customers across the globe. Titan traces its roots to the Electric Wheel Company in Quincy, Illinois, which was founded in 1890. Titan was originally incorporated in 1983 and has increased its global footprint and enhanced product offerings through major acquisitions which include the following: 2005 - North American farm tire assets of The Goodyear Tire & Rubber Company ("Goodyear") 2006 - Off-the-road ("OTR") tire assets of Continental Tire North America 2011 - Goodyear's Latin American farm tire business 2013/2014 - A noncontrolling interest in Voltyre-Prom, a leading producer of agricultural and industrial tires, which owns and operates an over two million square foot manufacturing facility located in Volgograd, Russia 2019 - An additional 21.4% interest in Voltyre-Prom (from 42.9% to 64.3%) resulting in controlling interest 2024 - Acquisition of Carlstar, a global manufacturer and distributor of wheels and tires for a variety of end-market verticals including outdoor power equipment, power sports, trailers, and small to midsize agricultural and construction equipment. As a leading manufacturer in the off-highway industry, Titan produces a broad range of products to meet the specifications of original equipment manufacturers ("OEMs") and aftermarket customers in the agricultural, earthmoving/construction, and consumer markets.

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REVENUE TTM
$1.87B
FCF TTM
-$8.6M
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