News

Cooper Enjoys a Full-Year Income-to-Sales Ratio of 8.5%

Cooper Tire & Rubber Co. posted net income of $69.3 million on net sales of $783.9 million for its fourth quarter ended Dec. 31, 2016. That compares to income of $59.2 million on sales of $775.5 million for the same period in 2015.

News

Cooper Is Looking Outside of China for TBR Supply

As the federal government considers additional duties on truck, bus, and radial (TBR) tires from China, Cooper Tire & Rubber Co. does not believe the domestic supply of tires will be enough to meet the demand for TBR tires in the U.S. in the near term.

News

Cooper Tire Increases Its Profitability in 2Q

Cooper Tire & Rubber Co. posted net income of $71.3 million on net sales of $740.3 million for the second quarter of 2016. That compares to income of $60.4 million on sales of $751.8 million for the same period the previous year.

News

Cooper and Fate Sign Letter of Intent

Cooper Tire & Rubber Co., a $3.4 billion global tire design, manufacturing and marketing company, and Fate S.A.I.C.I., the leading Argentine tire manufacturer and a global exporter, have signed a letter of intent (LOI) to work together.

News

Some tariff rates are changing — again!

Tariffs on passenger and light truck tires imported from China are final, but with yet another twist. The U.S. Department of Commerce (DOC) has amended some of the rates — again — affecting more than 60 manufacturers.

Cooper is working to extend its reach into the growing tire market in China with its first retail stores in six cities by the end of 2015.
News

Cooper opens retail centers in China

Cooper Tire & Rubber Co. is working to make its brand known in China, and its latest venture is a set of retail stores developed in partnership with existing tire dealers. The fourth Cooper Superfeel Center opened in July, and two more are to open by the end of 2015.

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