Titan announces license agreement with Goodyear

LinkedIn +

Titan International has entered into a licensing agreement with the Goodyear Tire & Rubber Company, which allows Titan to distribute and sell Goodyear-brand farm tires in Europe, the Middle East, Africa, Russia and other Commonwealth of Independent States countries, as well as manufacture such farm tires in parts of the licensed territory outside the European Union. In addition, Titan has purchased certain Goodyear molds and other assets currently located in Poland, Turkey and South Africa.The expansion of the Goodyear-brand farm tire licensing includes more than a hundred countries.

Maurice M Taylor, chairman and CEO, commented, “The agreement is positive for all of our existing tire facilities as they support production of the Goodyear-brand as well as the expansion of Titan’s LSW technology to these new regions. We plan to add manufacturing of Goodyear-brand farm tires to our facility located in Russia, to go along with our existing production in the USA and Brazil. Adding production to our Russian facility will enable us to provide our customers with a very competitive product offering in these new markets such as complete tire and wheel assemblies.”

December 1, 2015

Share this story:

About Author

mm

Rachel's career in journalism began around five years ago when she started working for UKi Media & Events, having recently graduated from Coventry University where she studied the subject. Her favourite aspect of the job is interviewing industry experts, including researchers, scientists, engineers and technicians, and learning more about the ground-breaking technologies and innovations that are shaping the future of the automotive and tire industries.

Comments are closed.