Titan International

What Titan International does

Titan International, Inc. (NYSE: TWI) is a global manufacturer of off-highway wheels, tires, and undercarriage products serving OEMs and aftermarket customers across agriculture, construction, forestry, mining, military, and consumer/powersports markets. Founded in 1900 and headquartered in West Chicago, Illinois, the company operates the Titan, Goodyear Farm Tire, ITP, Carlstar, Black Rock, Cragar, and Marastar brands, and employs 5,001-10,000 people across North America, South America, EMEA, Africa, and Australia. The product portfolio centers on off-highway tires and wheels, with proprietary LSW (Low Sidewall) technology as a key technical differentiator — Titan claims to be the only company that designs, tests, and produces both wheels and tires for agriculture markets, addressing problems such as road lope, power hop, and soil compaction. The Carlstar acquisition (2024, ~$296M) extended the portfolio into tracks, ATV/UTV tires, and aluminum wheels, supporting a 'One Stop Shop' cross-sell model, while the Cerebrum Sensor Technologies partnership (2026) introduced connected smart tire sensors.

Titan generates revenue through B2B hardware sales, distributing via a global dealer network and direct OEM relationships, with pricing set through contracts and quotes rather than consumer-facing channels. Q1 2026 revenue reached $505 million (+2.9% YoY) on a 14.1% gross margin, with FY2026 revenue guided to $1.85-$1.95 billion and Adjusted EBITDA guided to $105-$115 million. Distribution has been expanded through a 10-year exclusive U.S. partnership for Triangle/Diamondback OTR tires (Feb 2026) and a strategic investment in Brazil's Rodaros (Oct 2025). The company is concurrently executing cost-side restructuring, including the planned October 2026 closure of the Jackson, Tennessee facility (~140 employees affected, ~$5M expected annual cash savings), and navigating a S&P outlook revision to negative on persistent agricultural equipment market weakness.

Name

Titan International

Legal name

Titan International, Inc.

Website

https://titan-intl.com

Company type

Public

Founded year

1900

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Titan International is a global manufacturer of off-highway wheels, tires, and undercarriage products serving OEM and aftermarket customers across agriculture, construction, mining, forestry, and consumer markets under the Titan, Goodyear Farm Tire, ITP, and Carlstar brands.

Ownership category

akta.pro rank

Product category

Off-Highway Tires and Wheels

NAICS

Tire Manufacturing (except Retreading) (326211), Tire Manufacturing (32621)

SIC

Tires & Inner Tubes (3011), Motor Vehicle Parts & Accessories (3714)

akta.pro primary industry

Off-the-Road (OTR) & Heavy Equipment Tires Manufacturing (IMANAKAD)

akta.pro secondary industries

Agricultural Tires Manufacturing (IMANAKAE), Industrial/Solid & Specialty Tires (Forklift, Skid-Steer) Manufacturing (IMANAKAI)

Keywords

• Off-highway tires
• Agricultural wheels
• Undercarriage products
• Construction tires
• OTR tires

Headquarters

HQ city

Quincy

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Off-highway tire, wheel, and undercarriage product sales: Titan International generates revenue through manufacturing and selling off-highway wheels, tires, assemblies, and undercarriage products. The company serves OEMs and aftermarket customers through a global dealer network. Q1 2026 revenue was $505 million with 2.9% year-over-year growth.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Titan International manufactures and sells off-highway wheels, tires, assemblies, and undercarriage (rubber tracks) products for agricultural, construction, mining, forestry, military, and consumer/powersports equipment. The company operates under the Titan and Goodyear Farm Tire brands and complements this with acquired brands including Carlstar, ITP, Black Rock, Cragar, and Marastar. It sells through direct OEM relationships and a global dealer network serving both OEM-fit and aftermarket replacement demand.

Product overview

Titan International is a global manufacturer of off-highway wheels, tires, and undercarriage products serving the agriculture, construction, forestry, mining, and consumer/powersports markets. The company operates under the Titan and Goodyear Farm Tire brands, complemented by acquired brands including Carlstar Group, ITP, Cragar, Marastar, and Black Rock. Its product portfolio centers on tires (agricultural, construction, forestry, mining, ATV/UTV), wheels, and rubber tracks, with proprietary LSW (Low Sidewall) technology as a key differentiator. The company employs a 'One Stop Shop' strategy, offering comprehensive wheel/tire/track assemblies and recently expanded into smart tire sensors and OTR tire distribution partnerships.

Differentiator

Problem solved

Functional benefit

Brands

• Goodyear Farm Tire: Agricultural tire brand offering full line of farm tires including radial options
• Carlstar
• ITP
• Black Rock
• LSW Technology
• Titan

Products and services

• Off-Highway Tires (Agriculture, Construction, Forestry, Mining, ATV/UTV) Comprehensive range of off-highway tires for agricultural, construction, forestry, mining, and consumer/powersports vehicles, sold under the Titan, Goodyear Farm Tire, ITP, Cragar, and Marastar brand families with radial and bias constructions and an industry-leading 10-year warranty on Goodyear Farm Tire radials.
• Off-Highway Wheels (Agriculture, Construction, Forestry, Mining, Military) Off-highway wheels for agriculture, construction, forestry, mining, and military applications sold under the Titan and Black Rock brands, including designs paired with LSW tires for integrated wheel/tire assemblies.
• Rubber Tracks Rubber tracks for compact equipment and other off-highway machinery applications, supporting Titan's "One Stop Shop" strategy across tires, wheels, and undercarriage.
• LSW (Low Sidewall) Tire and Wheel Assemblies Proprietary Low Sidewall tire and wheel assemblies engineered to eliminate road lope, power hop, and soil compaction in agricultural applications, delivering yield improvements with each equipment turn.
• Smart Tire Sensor Standalone intelligent tire monitoring sensor developed with Cerebrum Sensor Technologies for real-time tire pressure and performance monitoring on off-highway equipment.
• Triangle and Diamondback OTR Tire Distribution Off-the-road tires from the Triangle and Diamondback brands distributed exclusively by Titan in the United States under a 10-year partnership, expanding the company's OTR tire portfolio.

Quantifiable outcome

• Over 30% yield improvements with each equipment turn using LSW technology
• +3 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered innovation, core and strategic.

• Cerebrum Sensor TechnologiesinnovationTechnology or Integration · 24 February 2026Titan International launched a smart tire sensor developed in partnership with Cerebrum Sensor Technologies, representing innovation in tire monitoring technology for off-highway equipment.
• USA Triangle Tire Sales Co. L.L.C.coreChannel Partner/ Reseller/ Distributor · 18 February 2026Titan secured exclusive rights to distribute Triangle and Diamondback brand OTR tires in the U.S. market under a new 10-year distribution partnership. This significantly expands Titan's product portfolio in the OTR tire segment and positions the company to serve a broader range of customers in the U.S. OTR tire market.
• Carlstar Group LLCcoreOEM/ Whitelabel/ Licensing Partner · 5 February 2026Titan acquired Carlstar Group LLC, which expanded manufacturing capabilities. The Carlstar acquisition is part of Titan's 'one-stop shop' strategy for off-road wheels, tires, and tracks. Carlstar brought additional brands including ITP, Cragar, Marastar, and Black Rock.
• Rodaros (Brazil)strategicStrategic or Co-development Partner · 28 October 2025Titan announced a strategic partnership with Brazilian wheel manufacturer Rodaros, involving a $4 million initial investment for a 20% stake with plans to acquire remaining shares in 2029. The partnership aims to enhance Titan's distribution of wheel/tire assemblies in Brazil, the world's third-largest agricultural market.

Scale indicators10 records

Direct peers

• Balkrishna Industries (BKT): India-based pure-play OTR, agricultural, industrial, and ATV/UTV tire manufacturer. Most direct head-to-head competitor with Titan in off-highway and specialty ag tires, with similar scale and customer base.
• Specialty Tires of America (STA): Manufacturer of specialty off-highway tires for industrial, agricultural, and construction applications. Comparable specialty focus and customer overlap with Titan's lower-volume off-highway products.
• Trelleborg AB: Swedish manufacturer of engineered polymer and tire solutions, including agricultural tires (Trelleborg Wheel Systems) and OTR products. Closely comparable to Titan in agricultural and industrial tires with a similar vertical specialization.
• Maxam Tire International: Specialty OTR and agricultural tire manufacturer focused on similar off-highway and mining segments. A close niche peer in the construction/mining/ag tire category that competes with Titan for OEM and aftermarket share.

Broad incumbents

• Goodyear Tire & Rubber Company: Major global tire maker and licensor of the Goodyear Farm Tire brand that Titan uses. While Goodyear focuses on passenger/light truck, it competes with Titan in OTR and has historical ties through the agricultural brand license.
• Michelin: Global tire leader with deep off-road and agricultural tire offerings through its Michelin Ag, Camso, and Earthmover product lines. A direct competitor in OTR/construction/mining and increasingly ag, but with much wider product scope.
• Continental AG: Diversified tire and industrial manufacturer with a strong specialty/off-highway tire presence (including the legacy Mitas brand). Directly comparable to Titan in agricultural and OTR segments, though Continental is much larger and more diversified.
• Yokohama Rubber Company: Japanese tire maker with significant OTR and off-road product lines competing in the same construction/mining/forestry end markets as Titan, alongside broader passenger and commercial offerings.
• Bridgestone Corporation: World's largest tire manufacturer with a significant off-highway, OTR, and agricultural tire portfolio. Comparable as a broad incumbent in the same OTR/ag tire category, though with substantially greater scale and product breadth than Titan.

Emerging players

• Carlisle Companies (Carlisle Tire & Wheel): Manufacturer of tires, wheels, and accessories for powersports, lawn/garden, trailer, and ATV/UTV markets. Overlaps with Titan's ITP/Carlstar powersports and consumer product lines.

Market position

Strengths5 records

Weaknesses5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/TitanGoodyear
• Facebookfacebook.com/TitanTireCorp
• LinkedInlinkedin.com/company/titan-international-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Titan International