Titan International Inc. (NYSE:TWI) is one of the 12 most promising small-cap industrial stocks under $30.
On March 19, Titan International Inc. (NYSE:TWI) shared that the company plans to consolidate its North American manufacturing operations, resulting in the closure of its Jackson, Tennessee, facility by the end of October. In the upcoming months, the business anticipates moving production from Jackson to other Titan facilities.
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This move is a component of Titan’s continuous efforts to improve capacity utilization and optimize its manufacturing footprint. About 140 employees will be impacted by the Jackson site closure. Titan will engage with local leadership to support affected workers by offering severance, continuing benefits, and job placement assistance.
Back on February 26, Titan International Inc. (NYSE:TWI) shared its first quarter guidance, with revenue projected between $490 million and $510 million. This is roughly in line with consensus, and the company expects adjusted EBITDA of $28 million to $33 million. The company also outlined full-year 2026 revenue to be between $1.85 billion and $1.95 billion, with EBITDA between $105 million and $115 million. Commenting on the outlook, CFO Tony Eheli stated:
“We ended the year with a strong balance sheet and maintained a disciplined expense profile that drove improvements in margin and profitability, while allowing us to continue to invest in our product, people, and processes. We expect to start 2026 with a seasonal uptick in activity with Q1 sales between $490 million and $510 million and Adjusted EBITDA between $28 million and $33 million. For the full year we are expecting revenue in the $1.85 to $1.95 billion range with Adjusted EBITDA between $105 million and $115 million.”
Titan International Inc. (NYSE:TWI) designs products and systems for the off-highway industry. The company markets products such as tires, undercarriage systems, wheels, and related components. It manufactures equipment for several industries, including agriculture, construction, forestry, military, and mining.
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