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The Company is a manufacturer of wheels, tires and assemblies for off-highway vehicles used in the agricultural, earthmoving/construction and consumer markets.
They make and sell specialty tires. On the Ag side, they may be able to pass off the increased prices, but not so much on the consumer side. We'll see. I'll make this pick when they shot up 20+%
Titan doesn't make consumer tires, just Ag , Construction, and Mining. Much of their Ag tires are made under the Goodyear brand which is an arrangement they made with Goodyear when they bought a Goodyear Plant in Illinois. They just recently purchased a Goodyear plant in Brazil which opens up South America to them. They are also in talks with Goodyear on acquiring a Goodyear plant in France. They will be a Global company before long.
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