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Growth in 2025 – Goodyear Farm Tires expanding LSW range

Goodyear Farm Tires has shared “ambitious plans” to expand its product range in 2025. The Titan International business intends to address the ever-changing demands of the agricultural sector by extending availability for its exclusive Low Sidewall Technology (LSW). The company’s dedicated European Development Centre in France is playing a key role in plans to enhance the LSW portfolio with further sizes over the next 12 months, and has also developed further products that build on the new radial tyre sizes recently brought to the market.

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Related news:

  1. Nex Tires to distribute Goodyear Farm Tires in Spain
  2. Protyre becomes latest Goodyear agri range distributor
  3. Launches, network expansion to support continued Goodyear Farm Tyres growth
  4. Agritechnica debut for new Goodyear products
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Titan launches VPO technology

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Titan International and the recently acquired Carlstar Group have introduced Variable Pressure Operation (VPO) Technology, a flat-proof technology that, according to Titan, offers a versatile solution as an alternative to tweel wheels and other airless polyurethane spoke wheel options, by providing the ability to effectively operate machinery at various inflation pressures – even down to zero psi. The tyre maker is presenting VPO for the first time at Equip Exposition, which is taking place in Louisville, USA between 15 and 18 October.

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Related news:

  1. Voltyre-Prom: Key shareholder announces aim to sell stake in tyre maker
  2. Titan receives additional settlement put option notice
  3. Titan International closes RDIF put option transaction
  4. Growing agri range: Goodyear tyres back on British soil
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Titan International Q2 2024 financial results

Titan International, Inc. has reported its financial data for the second quarter of 2024, results that reflect both the challenges and opportunities faced by the company in a dynamic market environment. Net sales for the three months ended 30 June 2024, reached US$532.2 million, marking an increase from $481.2 million in the corresponding period of last year. This growth was primarily driven by higher volumes in the consumer segment, significantly bolstered by the Carlstar acquisition, which completed on 29 February 2024.

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Related news:

  1. Results exceeded expectation: Titan International’s Q3 2021
  2. High inventories in Q2 2023 drive down Titan International’s volumes
  3. Titan International net sales up 18% in Q2 2018
  4. “Solid results in the midst of challenging market conditions” – Titan International’s Q1 2024
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Yokohama the front-runner to buy Goodyear OTR in >$1 billion-dollar deal

Yokohama Rubber Co. is reportedly in “advanced talks” to buy Goodyear’s OTR tyre business. And what’s more, the Japanese tyremaker is said to be willing to pay “at least $1 billion”, according to Bloomberg reports which cite “people familiar with the matter”. The latest news confirms reports Tyres & Accessories obtained a month ago which suggested that four suitors had been particularly interested in the purchase.

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Related news:

  1. Maurice Taylor: Don’t overlook Titan
  2. Trelleborg confirms acquisition interest from ‘external parties’
  3. World’s leading tyre companies 2022: Michelin and Bridgestone neck and neck for pole position
  4. Michelin top, Sailun the fastest riser: All change in the second half of the global tyremaker top 20
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“Solid results in the midst of challenging market conditions” – Titan International’s Q1 2024

Titan International, Inc. has reported financial results for the quarter ending 31 March 2024. Results for Q1 2024 include approximately one month of results from the 29 February 2024 acquisition of Carlstar Group LLC. Net sales decreased 12.1% year-on-year, to US$482.209 million, and net income attributable to Titan and applicable to common shareholders was down 71.1%, to $9.201 million.

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Related news:

  1. High inventories in Q2 2023 drive down Titan International’s volumes
  2. Results exceeded expectation: Titan International’s Q3 2021
  3. Titan International increases sales, reduces net loss in Q1 2017
  4. Working through the downturn: Titan International increases net sales, reports $6.5 million loss
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Titan International completes plant upgrade

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Completion of a major upgrade to its Des Moines facility in the USA gives Titan International greater plant capacity. The company invested US$2 million in the expansion project, which includes the addition of two new 104-inch curing tyre presses that will accommodate the recently expanded AgraEDGE tyre line.

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Related news:

  1. ‘Supporting the food industry’ – Titan International’s tyre plants stay open
  2. Titan International in a “great position” despite impending recession, says Taylor
  3. Global situation giving Titan International its ‘best’ future
  4. Titan’s Paul Reitz an EY Entrepreneur Of The Year
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Goodyear Farm Tires creates LSW European hub in France

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Titan International

Goodyear Farm Tires has created a new Low Sidewall Technology Development Centre in France to “provide its UK and European …customers with improved access to one of the most innovative products on the market”, according to the company. The French HQ of Titan International – which re-introduced Goodyear Farm Tires to the European market in 2019 – has been scheduled to begin the manufacturing and customisation of wheels for the exclusive LSW wheel and tyre assemblies at the start of April. Previously, all production and assembly of LSW products took place in the USA.

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Related news:

  1. ‘Supporting the food industry’ – Titan International’s tyre plants stay open
  2. Growing agri range: Goodyear tyres back on British soil
  3. Goodyear Farm Tires’ low sidewall tech fitted to world’s largest tractor
  4. Goodyear Farm Tires a BFA sponsor
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Agritechnica debut for new Goodyear products

Goodyear Farm Tires will unveil a new product and display its exclusive Low Sidewall range when it heads to Germany for Agritechnica next week. During the show, Goodyear Farm Tires will unveil its new LW Waffle Wheel, which is adjustable to up to eight different track positions (depending on crop row widths) and allows tyres to seat correctly at lower pressures, improving safety.

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Related news:

  1. Growing agri range: Goodyear tyres back on British soil
  2. Goodyear Farm Tires secures South West Tyre Services UK distribution
  3. Nex Tires to distribute Goodyear Farm Tires in Spain
  4. Protyre becomes latest Goodyear agri range distributor
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High inventories in Q2 2023 drive down Titan International’s volumes

The decline in net sales and income that Titan International, Inc. experienced in the first quarter of the year has continued in the second, with all operating segments reporting year-on-year decreases. Company president and chief executive officer Paul Reitz is nonetheless “very pleased” with these Q2 2023 results.

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Related news:

  1. Results exceeded expectation: Titan International’s Q3 2021
  2. Titan International net sales up 18% in Q2 2018
  3. Titan to reduce employee headcount following disappointing Q1 performance
  4. Titan’s Paul Reitz an EY Entrepreneur Of The Year
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Titan’s Paul Reitz an EY Entrepreneur Of The Year

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Ernst & Young LLP (EY US) has named Titan International’s Paul Reitz a winner of its Entrepreneur Of The Year 2023 Midwest Award. The chief executive officer considers this not only an honour on a personal level, but also “testament to the fact” that the tyre maker has “an exceptional team in place.”

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Related news:

  1. ‘Supporting the food industry’ – Titan International’s tyre plants stay open
  2. Titan to Trump: We’re not the Goodyear you want to avoid
  3. Titan International joins Russell 3000 Index
  4. Titan supplying Kubota-branded tyres as OE
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Goodyear Farm Tires a BFA sponsor

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Goodyear Farm Tires has signed up as a key partner to this year’s British Farming Awards. The Goodyear agricultural brand, produced by under license by Titan International, is sponsoring the Family Farming Business of the Year category.

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Related news:

  1. Protyre becomes latest Goodyear agri range distributor
  2. Growing agri range: Goodyear tyres back on British soil
  3. Goodyear Farm Tires secures South West Tyre Services UK distribution
  4. Launches, network expansion to support continued Goodyear Farm Tyres growth
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Titan International: Strong 2022 results, India concerns

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Titan International, Inc. has reported record turnover and profitability during the 2022 financial year. While the US-based manufacturer of OTR tyres and wheels increased its net sales by 21.9% to US$2.2 billion, income from operations jumped by more than 141% to $205.8, almost doubling the return on sales to 9.5%.

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Related news:

  1. Titan: Russia-Ukraine war hasn’t impacted global operations
  2. Titan receives additional settlement put option notice
  3. Mahansaria Tyres (MTPL) to buy Tyres International
  4. Mixed feelings about Russia? – Titan International sends letter to Biden
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Mixed feelings about Russia? – Titan International sends letter to Biden

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In its most recent quarterly report, US-based off-highway tyre manufacturer Titan International, Inc. reports owning 64.3% of Russian tyre maker Voltyre-Prom, with the Russian Direct Investment Fund the remaining shareholder. Yet this connection with Russia hasn’t stopped Titan raising its voice against indirect imports of Russian petroleum products into the USA. Together with the United Steelworkers union, Titan has even sent a letter to Joe Biden.

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Related news:

  1. Voltyre-Prom: Key shareholder announces aim to sell stake in tyre maker
  2. Titan receives additional settlement put option notice
  3. War as a sales opportunity: Titan subsidiary increasing volumes in Russia
  4. Titan International: No further investments in Russian operation
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Titan takes on investor relations advisor

Off-highway segment specialist Titan International, Inc. has appointed Alpha IR Group its new investor relations advisor. In this capacity, Alpha IR will support Titan and its investor relations activities as well as broaden awareness of Titan within the financial community.

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Related news:

  1. Titan International sells Wheels India share
  2. Titan International joins Russell 3000 Index
  3. Results exceeded expectation: Titan International’s Q3 2021
  4. Titan begins CNH Industrial global supply deal
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Titan International in a “great position” despite impending recession, says Taylor

Although the USA is “heading fast toward recession” and inflation “continues to be a problem,” Titan International chairman Morry Taylor expects that some companies “will not be affected by the Big R in a big way.” Demand for large equipment continues to outstrip supply and Taylor anticipates farmers turning a profit. Against this backdrop, Titan expects Q3 2022 revenue of approximately US$540 million.

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Related news:

  1. Titan receives additional settlement put option notice
  2. ‘Supporting the food industry’ – Titan International’s tyre plants stay open
  3. Maurice Taylor: Don’t overlook Titan
  4. Titan: Russia-Ukraine war hasn’t impacted global operations
/by

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