Wednesday 5 August 2015

Titan considers wheel plant in Turkey

Quincy, Illinois —Titan International Inc. is exploring plans to expand a wheel plant in Turkey and establish wheel manufacturing capacity in Brazil to accompany its existing tire business there, Titan CEO and Chairman Maurice “Morry” Taylor said during the company’s second quarter earnings presentation.
Taylor did not elaborate on Titan’s plans for either potential project, other than to mention in a Q&A session with financial analysts that Titan has signed a confidentially agreement in Brazil covering a potential acquisition.

No comments:

Post a Comment