Titan Tire Corporation

[4] In 2010, Titan purchased the assets of Leavittsburg, Ohio based Denman Tire in bankruptcy court for US$4.4 million.

In October 2010, the U.S. Environmental Protection Agency (EPA) sued Titan Tire Corp. and Dico Inc. for the demolition of three buildings in Des Moines, Iowa, contaminated with hazardous polychlorinated biphenyls (PCBs).

These actions by the companies led to significant taxpayer expenses, resulting in the establishment of a Superfund cleanup site in Ottumwa where contaminated steel beams from the demolished buildings were dumped.

Dico's property had previously been identified as a source of water contamination, and both companies faced allegations of neglecting environmental regulations.

Judge Robert Pratt ruled against the companies, noting Dico's prior knowledge of the contamination and imposing fines totaling nearly $4.6 million.