As Titan International takes Goodyear farm tires back into Europe, competition is heating up with the unexpected return of Continental and Pirelli to the ag market.
While European farm tire manufacturers target North America for growth, Goodyear Tire & Rubber Co. has given up on its production facilities in the European agricultural market as it proposes to close a manufacturing facility in France with the loss of 1,200 jobs.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.