Titan and Goodyear sign ag tyre license agreement
Titan International, Inc. has entered into a licensing agreement with The Goodyear Tire & Rubber Company. The agreement allows Titan to distribute and sell Goodyear-brand agricultural tyres in Europe, the Middle East, Africa, Russia and other CIS countries, as well as manufacture such farm tyres in parts of the licensed territory outside the European Union. The expansion of the Goodyear-brand farm tyre licensing covers more than a hundred countries, including the UK, Eire, Germany and Italy. In addition, Titan has purchased certain Goodyear moulds and other assets currently located in Poland, Turkey and South Africa.