Titan 2012 income up despite Q4 losses

ERJ staff report (TB)

Quincy, Illinois – Titan International Inc. has reported improved earnings for fiscal 2012 despite losses in the fourth quarter associated with the takeover of full control of the Titan Europe P.L.C. business, reports Tire Business.

Fiscal 2013 is starting off strong in the farm and mining sectors, Chairman Maurice Taylor Jr. said, and even the construction sector in the U.S. “is starting to show a little strength.” He did not disclose specific forecasts for 2013, however.

For the year, Titan reported income from operations…

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