Titan to Increase Giant OTR and Agricultural Tyre Capacity
Production of giant OTR tyres at Titan International is set to markedly increase, says company chairman and CEO Maurice M. Taylor Jr. At a speech given to the Tire Industry Association in Hawaii on February 22 Taylor said that the company expects to produce more than twice as many giant OTR tyres as previously estimated.
In May 2007, Titan announced an expansion project at its Bryan, Ohio, facility that would create an annual capacity of 6,000 giant OTR tyres. After completing its first giant 63-inch prototype in mid-February 2008, Titan now expects to produce as many as 15,000 giant OTR tyres per year. Taylor also announced that the company plans to add a total of approximately 28 agricultural curing presses, ranging in press sizes from 85 to 100 inches, at its tyre facilities to increase agricultural capacity. The new presses should be installed by August 2008 to ease shortages in the large agricultural tire segment.