8 Dec 2010
ERJ staff report (DS)
Quincy Illinois -- Maurice Taylor, Chairman and CEO of Titan International, Inc. will discuss goals for the company and outlook for 2011 in a conference call tomorrow, Thursday, 9 December, 2010.
“2010 has been a great building year for Titan and I believe that 2011 will be our best year ever from what I see today,†said Taylor. “Farm is strong, earthmover is getting better and there is a favorable export market. If steel and rubber prices stay where they are or go up a little, then I project Titan's sales to range between $950 million to $1.1 billion for 2011. This amount of revenue should generate an EBITDA range from $105 to $125 million.â€
The conference call with Taylor will be held at 1 p.m. Eastern time
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Press release from Titan Tire
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