Titan International Inc - Company Profile
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Titan International Inc (Titan) is an automotive company, which designs and manufactures wheels, tires, rims, and undercarriage industrial equipment. The company offers components for various agricultural equipment, including tractors, skidders, plows, planters, and irrigation equipment. Titan also offers products for all-terrain vehicles (ATVs), turf, and golf cart applications. It sells its products to original equipment manufacturers and to the aftermarket through a network of independent distributors, equipment dealers, and distribution centers. The company serves customers in the agricultural, earthmoving, construction, and consumer sectors in North America, Latin America, Europe, the Middle East, and Africa. It has operations and manufacturing and distribution facilities across the world. Titan is headquartered in Chicago, Illinois, the US.
Headquarters
United States of America
Address
Suite 600, 1525 Kautz Road, West Chicago, Illinois, 60185
Website
www.titan-intl.com
Telephone
1 630 3770486
No of Employees
6,900
Industry
Automotive
Ticker Symbol & Exchange
TWI (NYSE)
Revenue (2022)
$1.8B
-16%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-55.3%
(2022 vs 2021)
Market Cap*
$701.1M
Net Profit Margin (2023)
XYZ
-46.9%
(2022 vs 2021)
* As of and is in US$
Titan International Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Tires | After Sales Services | Titan |
| Rims | Complete Tire, Wheels, and Track Services | Titan Tire |
| Wheels | Assembly of Wheels and Tires | Low Side Wall Tires (LSW) |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In March, the company acquired Carlstar Group LLC. |
| 2024 | Others | In February, Titan Motorsports acquired the remaining US inventory of K1 Technologies products from Race Winning Brands. |
| 2022 | Contracts/Agreements | In October, the company agreed to build liquefied biomethane or bio-LNG plant in the Amsterdam port, Netherlands. |
Competitor Comparison
| Key Parameters | Titan International Inc | Bridgestone Corp | Compagnie Generale des Etablissements Michelin | Toyo Tire Corp | Topy Industries Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | Japan | France | Japan | Japan |
| City | Chicago | Chuo-Ku | Clermont-Ferrand | Itami-Shi | Shinagawa-Ku |
| State/Province | Illinois | Tokyo | Auvergne | Hyogo | Tokyo |
| No. of Employees | 6,900 | 129,262 | 132,500 | 10,574 | 5,706 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Maurice M. Taylor Jr. | Chairman | Executive Board | 2016 | 78 |
| Paul G. Reitz | Chief Executive Officer; Director; President | Executive Board | 2017 | 50 |
| David A. Martin | Chief Financial Officer; Senior Vice President | Senior Management | 2018 | 55 |
| Tony C. Eheli | Chief Accounting Officer; Vice President | Senior Management | 2021 | 45 |
| Todd A. Shoot | Treasurer; Senior Vice President | Senior Management | 2016 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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