Titan International
WEST CHICAGO, Ill. — Titan International, Inc. has announced the acquisition of Carlstar Group LLC. for approximately $296 million in a transaction consisting of cash and stock, which closed on Feb. 29. Carlstar is a global manufacturer and distributor of specialty tires and wheels for a variety of end-market verticals including outdoor power equipment, power…
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The President/CEO of Titan International talks about he business climate, the Quincy wheel plant and doing business in Illinois (which he has good things to say about). Mercantile Bank sponsors the Business Spotlight.
Read Full Article CHICAGO — Ernst & Young LLP announced Monday that Paul Reitz, CEO of Titan International, Inc. was named an Entrepreneur Of The Year Midwest award winner for 2023. The Entrepreneur Of The Year Awards program is one of the preeminent competitive awards for entrepreneurs and leaders of high-growth companies. Reitz was selected by an independent…
Read Full Article CHICAGO — Titan International, Inc. has announced today that its board of directors authorized a share repurchase program allowing for the expenditure of up to $50 million for the repurchase of the company’s common stock. This authorization will take effect immediately and will remain in place for up to three years. Repurchases will be made…
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CHICAGO — Titan International, Inc. (NYSE: TWI) (“Titan” or “TWI”) released the following comments from its Chairman of the Board, Morry Taylor: “On August 2, 2022, TWI’s President and CEO, Paul Reitz released TWI’s second quarter earnings. The second quarter was one of Titan’s best ever and the forecast going forward was outstanding. The results…
Read Full Article CHICAGO — Titan International, Inc. has reported results for the first quarter ended March 31, 2022. “We were able to pick up right where we left off in 2021 with another stellar quarter to begin the year,” stated Paul Reitz, President and Chief Executive Officer. “All of our business units across all geographies came together to…
Read Full Article Titan International, Inc. has entered into a definitive agreement for the sale of its Australian wheel business, to OTR Tyres, a national tire, wheel and service provider. The closing date is expected to be March 31. The sale includes gross proceeds and cash to be repatriated of approximately $23 million, and the assumption of all…
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On Muddy River News This Week, we sit down with Paul Reitz, the CEO of Titan International, the parent company of Quincy’s Titan Wheel. Reitz joined Titan in 2010 as Chief Financial Officer, became President in February 2014, and was named CEO effective in January 2017. Prior to joining Titan, he was the Chief Accounting…
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