Skip to main content
Sister Publication Links
  • Rubber News
  • European Rubber Journal
Subscribe
  • Login
  • Register
  • Subscribe
  • Current Issue
  • News
    • OPINION
    • BUSINESS/FINANCIAL
    • COMMERCIAL TIRE
    • GOVERNMENT & LAW
    • Humanitarian Award
    • RETAIL TIRES
    • SERVICE ZONE
    • TIRE MAKERS
    • Best Places to Work
    • RUSSIA WAR IN UKRAINE
  • Aligning with ADAS
  • Data
    • DATA STORE
  • Custom
    • SPONSORED CONTENT
  • Events
    • ASK THE EXPERT
    • LIVESTREAMS
    • WEBINARS
    • SEMA LIVESTREAMS
  • Resources
    • DIRECTORY
    • CLASSIFIEDS
    • SHOP FLOOR
    • AWARDS
    • BALANCING
    • DEMOUNTING
    • SAFETY
    • TIRE REPAIR
    • TPMS
    • TRAINING
    • VEHICLE LIFTING
    • WHEEL TORQUE
    • Best Places to Work
  • ADVERTISE
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
January 04, 2017 01:00 AM

Titan to consolidate U.S. wheel mfg.

Tire Business Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    QUINCY, Ill. (Jan. 4, 2017) — Titan International Inc. is planning to consolidate mining wheel production from its plant in Saltville, Va., at its North American wheel division headquarters in Quincy in an effort to take advantage of its production capacities.

    "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," Titan President and CEO Paul Reitz said, stressing that Titan continues to be committed to the mining industry.

    "During this transition, our customer service and support teams are committed to ensuring that our customers experience minimal service or production interruptions," he said. "As the mining market returns, Titan will evaluate moving production back to the Saltville…facility."

    It was not stated how many employees will be affected at the Saltville plant, where the company's staffing plan is "still evolving" to ensure no customer disruptions with production. However, Titan did indicated that the move will not create any new jobs at Quincy, where existing capacity should allow the firm to absorb the additional production.

    The company gave no indication about how the move would impact earnings.

    Titan does not disclose sales or earnings data related to wheels vs. tires, but the company did point out in its third-quarter 2016 earnings report that sales in the earthmoving/construction sector were down 8.2 percent for the nine months ended Sept. 30, despite a 2.5-percent gain in the third quarter.

    The OTR business represents about 42 percent of Titan's annual sales.

    Letter
    to the
    Editor

    Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Tire Business would love to hear from you. Email your letter to Editor Don Detore at [email protected].

    Most Popular
    1
    K&M acquires N.Y. distributor Midtown Tire
    2
    Average U.S. light vehicle age rises to 12.2 years
    3
    Former Goodyear complex to be demolished in Akron
    4
    Value tire maker Sailun gets aggressive in U.S. market
    5
    JK Tyre: fiscal '22 earnings drop despite higher sales
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Newsletter Center

    Staying current is easy with Tire Business delivered straight to your inbox.

    SUBSCRIBE TODAY

    Subscribe to Tire Business

    SUBSCRIBE
    Connect with Us
    • Facebook
    • LinkedIn
    • Twitter
    • RSS

    Our Mission

    Tire Business is an award-winning publication dedicated to providing the latest news, data and insights into the tire and automotive service industries.

    Reader Services
    • Staff
    • About Us
    • Site Map
    • Industry Sites
    • Order Reprints
    • Customer Service: 877-320-1716
    Partner Sites
    • Rubber News
    • European Rubber Journal
    • Automotive News
    • Plastics News
    • Urethanes Technology
    RESOURCES
    • Advertise
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Media Guide
    • Editorial Calendar
    • Classified Rates
    • Digital Edition
    • Careers
    • Ad Choices Ad Choices
    Copyright © 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • News
      • OPINION
      • BUSINESS/FINANCIAL
      • COMMERCIAL TIRE
      • GOVERNMENT & LAW
      • Humanitarian Award
      • RETAIL TIRES
      • SERVICE ZONE
      • TIRE MAKERS
      • Best Places to Work
      • RUSSIA WAR IN UKRAINE
    • Aligning with ADAS
    • Data
      • DATA STORE
    • Custom
      • SPONSORED CONTENT
    • Events
      • ASK THE EXPERT
      • LIVESTREAMS
      • WEBINARS
      • SEMA LIVESTREAMS
    • Resources
      • DIRECTORY
      • CLASSIFIEDS
      • SHOP FLOOR
        • BALANCING
        • DEMOUNTING
        • SAFETY
        • TIRE REPAIR
        • TPMS
        • TRAINING
        • VEHICLE LIFTING
        • WHEEL TORQUE
      • AWARDS
        • Best Places to Work
    • ADVERTISE
    • DIGITAL EDITION