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May 2, 2012

Cooper raises income-to-sales ratio in 1Q

Cooper Tire & Rubber Co. reported net income of $22 million on net sales of $984 million for the first quarter ended March 31, 2012. That compares to income of $16 million on sales of $902 million for the same period last year.

Tags: Cooper Financials, Plants, Raw material costs, Roy Armes

April 15, 2012

Bring it on! Bridgestone vs. Michelin in the OTR tire segment

Because of the expected increase in global demand for large radial OTR tires, two companies are taking production -- and competition -- to new heights.

Tags: B.O.B., OTR tires, Plant capacity, Plants

<p>Michelin will expand capacity at its Lexington, S.C., plant beginning in October.</p>
April 10, 2012

Michelin will build another OTR plant in S.C.

In what it calls its "biggest manufacturing news in more than 15 years," Michelin North America Inc. will not only build a new OTR tire plant in Anderson, S.C., but also expand production at its OTR tire facility in Lexington, S.C.

Tags: Jean-Dominique Senard, OTR tires, Pete Selleck, Plant capacity, Plants

February 27, 2012

Findlay union ratifies pact with Cooper Tire

The lockout is over. The United Steelworkers (USW) Local 207L ratified a new five-year labor agreement with Cooper Tire & Rubber Co.

Tags: Plants, USW

<p>"Our manufacturing facilities are doing a great job of adjusting to very fluid conditions," says Armes.</p>
February 27, 2012

Cooper's future, from the mouth of its CEO

Roy Armes, CEO of Cooper Tire & Rubber Co., says with 10 months left in the year, the company is in good shape. Solid financial results for 2011 helped.

Tags: Cooper Financials, Plants, Roy Armes, USW

February 20, 2012

Teamsters agree with Cooper; lockout continues

Fleet truck drivers represented by Teamsters Local 20 ratified a new three-year contract with Cooper Tire & Rubber Co. on Feb. 18, 2012. The labor agreement covers fleet truck drivers located in Findlay, Ohio.

Tags: Findlay, Plants, Teamsters, USW

February 10, 2012

Passenger tire shipments fell 2.8%, says RMA

The Rubber Manufacturers Association (RMA) released the preliminary edition of its "2012 Factbook" on Feb. 10. The publication is a report on tire shipment activity in the United States for 2011.

Tags: Consumer Tires, Plants, RMA, Tire imports, Truck tires

February 9, 2012

Cooper will reveal 4Q results on Feb. 27

Did Cooper Tire & Rubber Co. feel the effects of the lockout at its tire plant in Findlay, Ohio, in the fourth quarter? Find out on Feb. 27, when Cooper says it will announce its 4Q and year-end 2011 financial results before the market opens.

Tags: Cooper Financials, Plants, USW

February 6, 2012

Parties try to mend fences without picketing

The standoff between Cooper Tire & Rubber Co. and United Steelworkers Local 207L is now in month number three. The local union represents the consumer tire plant in Findlay, Ohio.

Tags: B.O.B., Consumer Tires, Findlay, Plants

<p>Neil Rayson (left), senior vice president of sales for Mitas Tires North America Inc., says sales of farm tires in North America reached a record level in the aftermarket and to original equipment manufacturers in 2011. (Rayson is pictured with Bill Schiltz, owner of Bill&rsquo;s Tire &amp; Service Inc. in Colby, Wis., at the recent K&amp;M Tire Inc. Dealer Trade Show.)</p>
January 25, 2012

Mitas prepares to open ag plant in Iowa

Mitas Tires North America Inc. has cured the first test tire at its new Charles City, Iowa, facility. It will soon begin serial production of radial agricultural tires, according to Tomas Nemec, chairman Mitas' parent company, CGS Holding (CGS a.s.).

Tags: Neil Rayson, Pavel Charvat, Plant capacity, Plants, Tomas Nemec

January 25, 2012

Toyo recalls limited number of Extensa A/S tires

Toyo Tire U.S.A. Corp. announced a "safety recall" of 68,763 Extensa A/S tires on Jan. 25, 2011.

Tags: All-Season Tires, Plants, Recall, Toyo Extensa

January 20, 2012

Cooper and USW agree -- in Texarkana

Cooper Tire & Rubber Co. and United Steelworkers Local 752L reached a tentative agreement on a new four-year labor contract shortly before the current contract was scheduled to expire.

Tags: David Boone, Plants, Scott Cole, USW

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