Titan International Inc (TWI)

[Penny Roger$]

Titan International, Inc. (Titan), through its subsidiaries, is engaged in the manufacturing of wheels and tires. Titan produces a range of specialty products to meet the specifications of original equipment manufacturers (OEMs) and aftermarket customers in the agricultural, earthmoving/construction and consumer markets. Titan’s earthmoving/ construction market includes wheels and tires supplied to the mining industry, while the consumer market includes products for all-terrain vehicles (ATVs) and recreational/utility trailers. The Company’s customers include AGCO Corporation, Caterpillar Inc., CNH Global N.V., Deere & Company and Kubota Corporation. In July 2011, the Company incorporated a wholly owned subsidiary Titan Mining Services. During the year ended December 31, 2010, the Company’s agricultural market sales represented 76% of net sales and the consumer market represented 2% of net sales. In November 2011, the Company acquired Goodyear’s Union City closed tire plant.

http://www.google.com/finance?q=TWI