Titan International (NYSE: TWI) is an industrial manufacturing company that produces wheels, tires, and undercarriage systems for off-highway applications. Revenue comes from transactional sales of these components and assemblies to original equipment manufacturers (OEMs) and through aftermarket channels including independent distributors, equipment dealers, and Titan's own distribution centers. The company operates across three primary segments: agricultural, earthmoving/construction, and consumer. Agricultural products include wheels ranging from nine to 54 inches in diameter and tires from approximately one foot to seven feet in outside diameter, sold under the Goodyear Farm Tire, Titan Tire, Carlstar, ACES, and Voltyre-Prom brands. The earthmoving/construction segment covers OTR, mining, military, and forestry equipment. Titan traces its roots to the Electric Wheel Company in Quincy, Illinois, founded in 1890, and was incorporated in 1983. As of December 31, 2025, the company employed approximately 8,200 people worldwide, with roughly 5,300 located outside the United States. The company acquired The Carlstar Group, LLC (now also known as Titan Specialty), which materially expanded its product portfolio.

Revenue model

Transactional sales of wheels, tires, assemblies, and undercarriage components to OEM customers and aftermarket buyers through distributors, dealers, and company-operated distribution centers.

Products and services

Agricultural wheels (9-inch to 54-inch diameter), agricultural tires (up to 7 feet diameter, 55 inches wide), earthmoving and construction wheels and tires, undercarriage systems and components, complete wheel-and-tire assemblies including Low Sidewall (LSW) assemblies. Brands include Goodyear Farm Tire, Titan Tire, Carlstar, ACES, and Voltyre-Prom.

Customers and end markets

OEM equipment manufacturers and aftermarket customers across agricultural (tractors, combines, skidders, plows, planters, irrigation equipment), earthmoving, mining, military, construction, and forestry end markets.

Value-chain role

Manufacturer and supplier of wheels, tires, and undercarriage systems; provides value-added complete assembly and delivery services to OEM and aftermarket customers.

Geographic exposure

Global operations. Approximately 5,300 of 8,200 total employees (as of December 31, 2025) are located outside the United States. The Goodyear Farm Tire brand is produced in North America, Latin America, Europe, the Middle East, and Africa. 17 locations are ISO 14001 certified, comprising 45% of the facility footprint.

Source: SEC 10-K, filed 2026-02-26

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