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Titan Buys Continental's Off-Road Tire Plant

 

September 01, 2006

Titan Tire acquired Continental Tire North America's off-the-road tire facility in Bryan, OH, late in July for $53 million. Continental's CEO, Manfred Wennemer, confirms, "the sale of our Bryan facility is part of our overall strategy to focus on passenger and light-truck and commercial-vehicle tire manufac-turing."

The Ohio facility employs approximately 325 people, and it posted $125 million in sales in 2005.

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