Titan International (TWI) Enters Multi-Year Supply Contract with Cat (CAT)
Titan Tire Corporation, a subsidiary of Titan International, Inc. (NYSE: TWI), announces a multi-year supply contract with Caterpillar (NYSE: CAT) for tires.
Titan has agreed to supply OTR tires to Caterpillar under a three-year agreement starting in 2012. The value of the contract in today’s dollars is expected to exceed a minimum of $100 million dollars.
Maurice Taylor, Titan International Chairman and CEO commented, “Titan is honored to work with Caterpillar and we look forward to supplying tires in support of Caterpillar equipment.”
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Titan has agreed to supply OTR tires to Caterpillar under a three-year agreement starting in 2012. The value of the contract in today’s dollars is expected to exceed a minimum of $100 million dollars.
Maurice Taylor, Titan International Chairman and CEO commented, “Titan is honored to work with Caterpillar and we look forward to supplying tires in support of Caterpillar equipment.”
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