According to a June 17 report from Morningstar, Titan International has entered a "global long-term agreement" to supply John Deere with wheels and tires. It was reported the tires and wheels would come from both Titan's North and South American plants.
The report stated, "The agreement took effect June 1 and expires April 30, 2025, unless it is terminated before then." The value of the agreement was not disclosed.
Industry Outlook: How Does Your Dealership Stack Up?
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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.
