Cooper Tire to increase capacity at its Findlay, Ohio, tire plant
Cooper Tire & Rubber Co. today announced plans to add capacity at its Findlay, Ohio, tire plant with an equipment investment of $1.8 million. Capacity will increase by 500,000 tires annually and at least 30 additional jobs will be added in the Findlay production facility.
"We are pleased to take this action to support the growing customer demand for Cooper tires. This expansion allows us to increase production of high performance tires and also add new equipment to enhance our quality and productivity," said Bill Woeste, vice president manufacturing. "We expect this equipment to be in place and at full production levels by late summer," he concluded.
In January, Cooper announced investments in its other three U.S. tire plants: Albany, Ga.; Texarkana, Ark.; and Tupelo, Miss. With Findlay included, the total investment in U.S. production is nearly $34 million with added capacity of almost three million units annually.