Current Issue

PREMIUM CONTENT FOR SUBSCRIBERS ONLY

Retail

Titan Wheel will hand out record bonuses at Quincy, Ill., plant

Order Reprints

Employees at the Titan Wheel Corp. manufacturing facility in Quincy, Ill., will receive a record summer bonus of $2.20 per hour. The average payout will be close to $2,500 per person.

"I would like to congratulate all the Quincy employees," said Titan CEO and President Morry Taylor. "There is not a better team anywhere.

"Every night the talking heads on TV say that manufacturing is dead in the U.S., but the Quincy Titan employees have proven that hard work can build a successful company."

The previous summer bonus high at the Titan plant was $1.45 per hour in 1998.

The stock price of Titan International Inc., Titan Wheel Corp's parent company, closed at $10.55 a share on Friday, July 2. That compares to a 52-week high and low of $10.80 and $1.01, respectively.

Related Articles

Titan Wheel hands out $1,000 bonuses

CTNA: 'Titan in, Pensler out at Bryan plant'

LOWER RIDES EQUAL HIGHER SALES: Wheel/tire packages go hand-in-hand with performance suspension systems

You must login or register in order to post a comment.