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Yokohama Rubber’s ATG Off-Highway Unit Sales and Profits Rise

February 21, 2020 | Posted in Earnings Reports

An increase in off-highway tire sales and a stronger gain in profitability helped Yokohama Rubber post record earnings in the group’s financial year to the end of December 2019.

Titan International Reduces Stake in Indian Wheel Maker

October 8, 2019 | Posted in Equipment & Equipment Sales

Titan International announced that on Oct. 3, 2019, through one of its wholly-owned subsidiaries, the company completed the sale of shares of Wheels India Ltd. in on-market trades on the National Stock Exchange of India Ltd. The sale reduces the company's indirect ownership interest in Wheels India from approximately 34.2% of the outstanding shares of Wheels India to approximately 23.8%.

Tire Maker BKT in No Rush to Pursue U.S. Plant Plans

August 20, 2019 | Posted in Ag Equipment Worldwide, Equipment & Equipment Sales

The impact of weather and international trade relations on U.S. farm production and profitability is such that executives at Balkrishna Industries, manufacturer of BKT tires for agricultural and other off-highway applications, are in no rush to pursue plans for a new plant in the U.S.

Alliance Tire Group Proving a Good Investment for Yokohama Rubber

July 23, 2019 | Posted in Earnings Reports

The 2016 acquisition of Alliance Tire Group (ATG) by Yokohama Rubber is proving a sound strategic and financial investment judging by latest reports from the Japanese group.

Titan International Reaches Agreement with RDIF on Put Option

February 14, 2019 | Posted in Equipment & Equipment Sales

U.S. tire and rim maker Titan International is to pay $25 million in cash and issue $25 million in shares to satisfy a settlement put option exercised by one of two fellow shareholders in Voltyre-Prom, a Russian agricultural and industrial tire operation.

Titan International Offers Stock for Russian Settlement Put Option

December 28, 2018 | Posted in Ag Equipment Worldwide

Senior executives at Titan International worked during the Christmas and New Year holiday period to secure approvals for issuing stock to a co-shareholder in its Russian tire manufacturing operation to meet a settlement put option.

Ag Tire Supplies Will be Tight in '09

July 17, 2009 | Posted in Equipment & Equipment Sales

Tiremakers report having difficult time keeping up with requirements for farm equipment tires.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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