As part of the global expansion of large mining wheels Titan Europe is pleased to announce that their subsidiary company “Titan Wheels Australia Pty Ltd” has commenced operations in Balikpapan, Indonesia. The new operation will trade as PT Titan Wheels Indonesia and initially be a sales and distribution outlet for the products manufactured and marketed by Titan Wheels Australia. Our personnel will also be trained in the non destructive testing and wheel repair business to further strengthen our services offered to our clientele.

Located at Balikpapan Kalimantan, the facility is ideally located to service the largest concentration of mines within the region, as well as having port facilities for ease of import and export of products to other mining areas of Indonesia.

Danny Kirkland, Managing Director Titan Wheels Australia said, “This expanded sales and distribution base will have a significant impact on the sales growth for large mining wheels in the Asia Pacific region.

“It will also enable Titan Wheels in Australia and Indonesia the network to service mining companies that are also moving towards becoming global players. With large mining wheel and rim facilities in Chile, Peru, Australia and now Indonesia, Titan Europe is well on the way to achieving its goal of being the global leader in large mining wheels and rims.”


Enquiries:

Mike Akers, Chief Executive or
John Wheelwright, Commercial Director
Titan Europe Plc
Tel: +44 (0) 1562 850561
Ticker: AIM: TSW.L

Mark Percy, Director
Seymour Pierce
Tel: +44 (0) 20 7107 8000

Keith Gabriel, Senior Account Manager
Citigate Dewe Rogerson Ltd
Tel: +44 (0) 121 455 8370
Mobile: +44 (0) 7770 788624


Editors Notes:

Titan Europe Plc
www.titaneurope.com

Titan Europe is an international engineering group designing, developing manufacturing and distributing wheels, undercarriage components and assemblies for tracked and off-road vehicles serving the global mining, construction and agricultural industries and their associated after-markets.

The Group which operates through 10 sites across Europe, Australia, South America, India and China and employs 2,800 people worldwide is renowned for its technical innovation and providing integrated solutions to its OEM customers through both local and global presence.