Titan International has announced Titan employees represented by the United Steelworkers have voted to ratify new three-year contracts applicable to Titan's operations located in Bryan, Ohio, (Local 890), Freeport, Ill., (Local 745) and Des Moines, Iowa (Local 164).
"We look forward to moving ahead under these contracts and appreciate working with the leadership of all our unions to finalize a package that is good for all involved," stated Paul Reitz, Titan's President and CEO. "Titan's success in providing our customers with market leading products is based on the strength of our One Titan team, especially the tremendous people in our plants that build them. We want to thank each and every one of our employees for their continued hard work and dedication. I am confident that the approved three-year contracts position Titan for growth and allow us to continue to attract and retain top-notch employees which will solidify our position as a global market leader into the future."
"The benefits from these contracts begin immediately and reflect our appreciation for the commitment and dedication of our employees during the challenging times in recent years. The new contracts include incentive plans that provide financial rewards for achieving mutually agreed-to plant performance improvements."