Titan International chairman issues note to shareholders

Titan International (TWI) issued the following note from Chairman of the Board of Directors, Maurice Taylor. Taylor stated, “We are having our Annual Shareholder’s meeting on Wednesday, June 11th and we welcome you to join us virtually. Paul Reitz and his team will be in attendance along with members of the Titan Board. This year ISS and Glass/Lewis have recommended TWI shareholders to vote substantially in line with the TWI Board recommendations. The Board of Titan International is thankful and appreciative of this support!” Taylor added, “Titan has tire factories in Freeport, IL, Des Moines, IA, Bryan, OH, Union City, TN, Jackon, TN and Clinton, TN. These six tire plants employ wonderful people and have plenty of capacity to meet the needs of the US marketplace. These plants have available tire capacity in the US because our country gets flooded with tires from China, India, Japan and Mexico.”