History

From local to global

Roots and history

The steps of the journey. 

The foundation year

ITM’s history began in Italy in the post-World-War II recovery years. In 1957, a small group of local investors set up the first ITM Italtractor track roller plant in Castelvetro (Modena). 

The early years 

During Italy’s booming economy, ITM extended its product range to include track chains and shoes, opening two new plants in Potenza and Ceprano (Frosinone) in 1966. In the late 1970s, ITM obtained a patent for a new type of master link system following technological developments and investments in innovation. 

Global expansion 

The 1990s were the years of ITM's global expansion, driven by the acquisition of international companies: the Spanish foundry, Pyrsa (in 1996), Intertractor Germany and Intertractor USA (in 1999). In 1999 ITM entered the Chinese market, setting up ITM Track (Tianjin) Ltd. Finally, in 2003, ITM completed the acquisition of Landroni Ltda, the largest Brazilian undercarriage manufacturer serving the South American market.  

ITM joined Titan

In 2005 ITM strengthened its global position by joining Titan Group, following Titan Europe Plc’s acquisition of ITM. ITM became part of a global leader in the production of wheels and tyres for off-road equipment. This allowed the Group to increase investments in R&D and to design new technologies such as bi-metal bushings, heavy crane monoblocs, new seal groups and IPR track chains. In 2012 Titan International Inc. acquired the entire capital of Titan Europe PLC, including Italtractor ITM Group. 

Market diversification  

In recent years, the Group has continued to diversify its operations geographically to support a global OEM customer base and broaden its aftermarket distribution network to the key mining markets. In 2017, the Group opened the Para Mining Service Centre (Brazil); in 2019, it set up the ITM Africa branch office in Woodmead, South Africa. The Group also operates two mining service centres in Australia under ITM Australia, which was acquired from the Titan Group in June 2019.  

In 2024, ITM set up ITM ITM undercarriage solutions Pvt Ltd in India.