Cooper buys Mickey Thompson
Cooper Tire & Rubber Co. has acquired Max Trac Tire Co. Inc., better known as Mickey Thompson Performance Tires & Wheels.
The purchase price has not been disclosed.
Cooper has supplied Mickey Thompson with specialty and off-road tires for years, while Mickey Thompson has distributed Cooper's Avon brand racing tires.
The Findlay, Ohio-based tiremaker does not anticipate any changes in Mickey Thompson's current relationships with companies who supply it with other products, including niche tire manufacturer Specialty Tires of America.
Cooper will manage Mickey Thompson from the company's Stow, Ohio, location.
"We will immediately start to indentify areas in which we can take advantage of Mickey Thompson's expertise and name recognition to help promote Cooper's image in the racing, performance and off-road tire arena," says Mark Armstrong, president of Cooper's North American Tire Division.
"Cooper brings enormous opportunity and resources to our rich racing heritage so the prospects are unlimited for Mickey Thompson employees and further penetration of our various markets," says former Mickey Thompson owner Lee McMannis, who will continue to be associated with the company and Cooper.
Mickey Thompson -- which also has a location in Temecula, Calif. -- markets high performance, light truck radial, light truck bias and racing tires under its own name, plus the Dick Cepek brand.