Titan Giant Tyre Production Halted Due to Press Mishap

Titan Tire has temporarily halted production of giant tyres at its Bryan, Ohio facility due to what it says is a pressure issue with one of its 53/80R63 curing presses. A build up and release of pressure from the curing press resulted in building structure damage. Fortunately, reports Titan, there were no serious injuries.

Production of the giant tyre ceased on November 23 and the company reports that it will be approximately 10 to 14 days before it recommences, the time required to undertake necessary repairs. Titan expects that certain repair costs will be covered by insurance.

“Our employees as well as our outside contractors have been doing an excellent job bringing production up on Titan’s new super giant tyre, and this setback is just a small bump in the road,” said Titan chairman and CEO Maurice M. Taylor Jr. “There is always a silver lining, and now everyone knows how powerful these new curing presses are, and we are so appreciative that no one was seriously injured.

“Lastly,” added Taylor, “I have not changed my revenue goals for 2008.”