Titan International Inc - Company Profile

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Titan International Inc: Segment Analysis

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Business Description

Titan International Inc (Titan) is a manufacturer and supplier specializing in wheels, tires, and undercarriage systems for industrial applications. The company serves a diverse range of industries, including agriculture, earthmoving and construction, and consumer markets. As of December 2025, Titan had seven manufacturing facilities in the US, located in Aiken, South Carolina; Bryan, Ohio; Clinton, Tennessee; Des Moines, Iowa; Freeport, Illinois; Jackson, Tennessee; and Quincy, Illinois. The company also had manufacturing facilities outside the US including Latin America, Europe, and Asia.

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R&D Overview

Titan’s research, development, and engineering wing focuses on wheel and tire technology through deep collaboration with end users and original equipment manufacturers, integrating design and testing for specialized equipment across the farming, construction, mining, and forestry sectors. The company’s main pillar is Low Sidewall (LSW) technology, which improves productivity by reducing power hop, road lope, and soil compaction, while engineering teams prioritize eco-design principles and sustainable manufacturing. As part of the design process, Titan seeks to be stewards of the environment through the adoption of eco-design principles, life cycle assessments, and the evaluation of incorporating the use of recycled material and alternate environmentally friendly and sustainable raw materials where possible. Titan, through continuous technical evolution and strategic brand partnerships, delivers durable, high-performance wheel and tire assemblies designed to maximize operator safety and uptime. In FY2025, the company incurred an expense of US$18.3 million on its R&D activities, which as a percentage of revenue stood at 1%, and grew 10.9% YoY.

Business Segments

Overview

Manufactures and offers agricultural wheels, tires, and components. Products find applications in tractors, combines, skidders, plows, planters, and irrigation equipment. Sells its products directly to OEMs and to the aftermarket through independent distributors, equipment dealers, and distribution centers.

Performance

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Overview

Manufactures and distributes wheels and tires for markets including outdoor power equipment, powersports, high-speed trailers, and agricultural, providing assembly services. Key brands include Carlstar, ITP, Black Rock, Goodyear, and Unique.

Performance

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Overview

Manufactures wheels, tires, and undercarriage systems for heavy-duty industrial, military, and construction machinery. It supplies original equipment manufacturers and aftermarket clients with a diverse range of earthmoving components.

Performance

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Geographical Segments

Performance

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Performance

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Performance

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Performance

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