QUINCY, Ill.—Titan International Inc. plans to announce the week of Oct. 11 that it will reorganize its structure, including the elimination of separate tire and wheel corporations, the combination of sales forces and personnel reductions. The company currently has distinct corporations, Titan Tire Corp. and Titan Wheel Corp., for those businesses. But in the future, all tire and wheel units will fall under the Titan International parent organization, according to President and CEO Maurice Taylor Jr.
Titan's commitment to mounted assemblies—led by its LSW agricultural tire/wheel series—makes it a priority to have ``all functions of our facilities working together.'' The move also will allow the company to utilize one sales department and pare down unnecessary staff positions, Mr. Taylor said.
Some jobs within the corporate structure, including the president positions within the tire and wheel businesses, will be eliminated. The United Steelworkers of America, which staffs Titan plants in Des Moines, Iowa, and Natchez, Miss., said Oct. 6 that Titan Tire Corp. President Gary Carlson had already resigned as head of that subsidiary.
Mr. Taylor would not confirm that, but said Mr. Carlson will be a big part of the restructuring transition and hasn't decided whether to stay with the company in another capacity.
Company tire plants also will have more specific functions, he said. Titan's Des Moines plant will produce primarily large agricultural tires. Natchez will produce mid-size tires and the Clinton, Tenn., plant will make small tires.
The company's Brownsville, Texas, facility, still in the process of ramping up, initially will make small specialty tires, but will widen its range of products over time.
Mr. Taylor said an announcement is forthcoming on an agreement with an original equipment manufacturer regarding the LSW series, plus information on the potential merger with Carlisle Companies Inc.