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Taylor: Falling OTR tire prices will be temporary

from Rubber News

Falling farm and off-the-road tire prices — the result of heavy equipment makers' and mining companies' releasing tires from their inventories into the aftermarket — should last only a few months, Titan International Inc. Chairman and CEO Maurice Taylor Jr. said recently. "We feel that this is a bump in the road as we have experienced this in the past," Taylor said in a prepared comment on the first five months of 2013. Taylor attributed the temporary supply situation on some short-term decision making. more

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