Titan Works to Address Giant Tyre Concerns
According to Bloomberg, Titan International Inc.’s bid to break into the oversized tyre market has hit a roadblock after tyres installed on trucks hauling Canadian oil sands lasted just 1 per cent as long as expected. In a telephone interview with the news service, Titan CEO Maurice M. Taylor Jr said the company has halted production of the four metre tyres used on dump trucks in order to install pressure-monitoring devices. A number of tyres failed after 100 hours of work on the 400-ton trucks used to haul oil-soaked sand for Royal Dutch Shell Plc and other energy companies in Alberta, a far cry from the minimum expected lifespan of 10,000 hours, he said.