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Titan Tire has announced a price increase on its Titan, Goodyear and General brands of off-road, farm and construction tires, effective October 1.
A company release states the increase of approximately 10 percent is necessary to offset rising costs, including natural and synthetic rubber, steel,
carbon black and energy.
The Board of Directors of Titan International, Inc., parent company of Titan Tire and Titan Wheel has also approved a third quarter cash dividend.
The half-cent dividend per share is payable October 15.
Titan International's subsidiaries manufacture wheels, tires and assemblies for off-highway equipment for agricultural, construction and personal use.