| Business Summary | | Titan
International,
Inc.
is
a
global
manufacturer
of
off-highway
steel
wheels
and
tires
in
the
agricultural,
earthmoving/construction
and
consumer
markets.
Titan
generally
manufactures
both
wheels
and
tires
for
these
markets
and
provides
the
value-added
service
of
assembling
the
completed
wheel-tire
system.
The
Company
offers
a
broad
range
of
different
products
that
are
manufactured
in
relatively
short
production
runs
to
meet
original
equipment
manufacturers'
specifications
and/or
aftermarket
customer
requirements.
In
2000,
Titan's
sales
in
the
agricultural
market
represented
52%
of
net
sales,
the
earthmoving/construction
market
represented
30%
of
net
sales
and
the
consumer
market
represented
18%
of
net
sales. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Titan
International
is
a
global
supplier
of
mounted
wheel
and
tire
systems
for
off-highway
equipment
used
in
agriculture,
construction,
mining,
military
and
recreation.
For
the
six
months
ended
6/30/01,
net
sales
fell
17%
to
$256.4
million.
Net
loss
before
extraordinary
items
totaled
$6.4
million,
vs.
an
income
of
$19.9
million.
Revenues
reflect
the
sale
of
certain
consumer
segment
operating
assets.
Net
loss
also
reflects
the
absence
of
a
$38.7
million
gain
on
the
sale
of
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Erwin Billig, 74 Chairman | -- | Maurice Taylor, Jr., 56 Pres,
CEO, Director | $405K | J. Michael Akers, 57 VP | 312K | Kent Hackamack, 42 Treasurer,
VP-Fin. | 201K | Cheri Holley, 53 Gen.
Counsel, Sec., VP | 201K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|