Cooper Tire and USWA ratify new labor agreement
Cooper Tire & Rubber Co. has announced a new five-year contract has been ratified by the United Steelworkers of America (USWA) Local 207L, covering approximately 880 active employees and 600 retirees of the bargaining unit at Cooper’s Findlay, Ohio, plant.
Tony Miller, tire group vice president of human resources, and Mike Delaney, human resources manager for the Findlay plant, in a joint statement following ratification of the pact, said the contract continues a cost-of-living provision and provides for general wage increases in each of the five years.
In addition, the agreement provides improvements in pensions and the 401(k) plan. Also included are cost saving initiatives, changes in the health care plan including employee contributions, and job security provisions for the Findlay Plant.
Specific details of the agreement are not being released.