Cooper Tire Restarting UK Plant June 15
The facility, which primarily manufactures motorcycle and racing tires, has been temporarily closed since late March due to the coronavirus and its impacts.
Cooper Tire Sees Net Loss of $12M in Q1
First-quarter net sales were $532M for Cooper compared with $619M in the first quarter of 2019, a decrease of 14.1%.
Cooper Tire Reopens U.S., Serbia Manufacturing Plants
Cooper Tire & Rubber’s manufacturing plants in the U.S. and Serbia will begin reopening and ramping up production next week.
Cooper Tire Restarts Mexico Facility; U.S. Still Closed
The company expects its U.S. plants to remain temporarily closed for at least another two weeks from now.
Cooper Tire Plants Continuing Temporary Suspension
As the coronavirus has continued to spread across the globe, Cooper has put in place measures to protect employees and meet the needs of all stakeholders.
Cooper Tire Adds Three Tires to Work Series Lineup
The Work Series All-Steel Drive tire is an open shoulder steel-belted drive tire, while the Work Series All Steel All Position tire is an all-position, steel-belted tire with a less aggressive tread pattern.
Cooper Tire Debuts New Winter Tire for Pickups, SUVs
Cooper Tire’s Discoverer Snow Claw winter tire will be available to order at the beginning of April and be available for consumers in October.
Financial Report: Cooper Tire Net Sales Down YoY
Cooper reported 2019 net sales at $2.75 billion, compared with $2.81 billion the prior year. Net sales decreased 2.6% to $750 million, according to the report.
Cooper Tire Wins Two Global 2019 Good Design Awards
The winning Cooper tires were selected from more than 900 entries spanning nearly 50 countries.
Cooper Tire Fully Acquires Mexico Joint Venture Plant
Full ownership of the facility is part of Cooper Tire’s strategic plan to create cost-competitive tires in key areas, according to Cooper President and CEO Brad Hughes.