Equipment-tire manufacturer Titan International, Inc. expects a happy and (financially) healthy 2010.
“I believe we are in a great position to take advantage of any market we run into this next year,” says Chairman and CEO Maurice M. Taylor Jr.
“With current economic conditions, it is difficult to forecast how next year will look,” he notes, adding that “Titan’s OEM accounts anticipate that 2010 will be an up year compared to 2009. A lot of this is due to inventory reductions in 2009.”
He goes on to observe how “the farm business started out good during the first six months of 2009; but then slowed, not only due to inventory reductions, but also because a lot of corn and soybeans had to be left in the field due to wet fall conditions. I believe only the bureaucrats in the Federal government thought 2009 was a great year. The government increased in size and got a pay raise. As far as Titan, it was a challenging year.”
For more information, visit www.titan-intl.com.
