It is anticipated that these presses will be installed by the first quarter of 2009 at Titan facilities. If demand warrants, an additional 10 presses could be installed in the second quarter of 2009, the company said.

“The reason for this expansion in curing capacity is two fold,” said Titan Chairman and CEO Morry Taylor. “One, Titan has promised its major customers that there should be no shortages of radial tires, and two, Titan believes that tire sizes will continue to grow. To our knowledge, 130-inch presses have not been produced in the U.S., until now. These presses will be American-made. We anticipate this multi-million dollar expansion to be paid for out of current cash flow.” (Tire Review/Akron)