Titan Press Release

Titan International, Inc. to Consolidate North American Wheel Manufacturing Facilities

Jan 3, 2017

QUINCY, Ill.Jan. 3, 2017 /PRNewswire/ -- In an effort to take advantage of production capacities, Titan International will relocate key wheel production from its Saltville, Virginia manufacturing facility to its North American wheel division headquarters in Quincy, Illinois.  

As the world's leading off-the-road wheel manufacturer, Titan continues to be committed to the mining industry.  "We're consolidating production in order to more effectively serve our key mining customers, providing them the innovative wheel solutions they've come to depend on," stated Paul Reitz, Titan President and CEO. "During this transition, our customer service and support teams are committed to ensuring that our customers experience minimal service or production interruptions. As the mining market returns, Titan will evaluate moving production back to the Saltville, Virginia facility."

Company description: Titan International, Inc. (NYSE: TWI), a holding company, owns subsidiaries that supply wheels, tires, assemblies and undercarriage products for off-highway equipment used in agricultural, earthmoving/construction and consumer applications. For more information, visit www.titan-intl.com.

 

SOURCE Titan International, Inc.

For further information: Todd Shoot, Treasurer / VP, Investor Relations, (217) 221-4416