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Titan Sets Ambitious 2009 Goals

Ahead of a conference call with investment analysts this week, Titan International Inc. Chairman and CEO Morry Taylor outlined his goals for the company next year.


For 2009, Taylor expects the company to draw sales revenue of $1.175 billion to $1.35 billion, based on anticipated sales gains in ag and giant OTR tires. He expects the companyt o exceed $1 billion in sales for 2008.

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“It (2008) has been a remarkable year for Titan and its employees,” noted Taylor. “No one outside of this corporation will ever know how great this team of Titan employees are. 
“In the past two months I’ve visited the oil sands, mines, farm equipment dealers, farmers and executives of major farm original equipment manufacturers. It’s hard to believe with all the gloom on Wall Street, television and clueless politicians’ commentary that 2009 should be a great year, but that is what I see,” he continued.
“If you were to base this on unit sales, I believe 2009 would show a 20% to 30% growth over 2008,” said Taylor
“I appreciate the concern over lower commodity prices and its affect on business, but if you look at these commodity prices, they are still higher than in 2006. So be merry, a new year is coming,” said Taylor. (Tire Review/Akron)



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