Titan earnings, sales fall slightly in third quarter

QUINCY, Illinois — Tyre and wheel maker Titan International Inc. posted net earnings of $1.18 million on net sales of $102.7 million in the third quarter, down from income of $1.48 million on sales of $116.5 million reported in the like period of 2004.

Maurice Taylor Jr., Titan chairman and CEO, said the third quarter is always the toughest period due to its own manufacturing shut downs and inventory adjustments usually made by original equipment manufacturers. Costs also have risen further than anticipated, he said.

“In addition…

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