Cooper Tire launches new Roadmaster RM258 winter drive tire

Cooper Tire has expanded its Roadmaster brand with the Roadmaster RM258 winter drive tire for regional haulers.

Featuring an open shoulder design with four rows of lugs, the tire is Three-Peak Mountain Snowflake certified. Helping the tire achieve that rating are shoulder notches and chevron grooves for excellent bite in winter conditions. It was designed for regional applications, and comes in 11R22.5 and 11R24.5 sizes with load range H.

Read the source article at Traction News

Cooper Unveils Roadmaster Tires for Vans, Delivery Trucks

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Cooper Tire ’s Roadmaster brand has bolstered its presence in the “final mile,” pick-up and delivery, and emergency vehicle tire segment with the introduction of two new tires.

The Roadmaster RM257 drive and Roadmaster RM170+ steer, both 19.5-inch tires, will soon be available for order through Roadmaster dealers.

Read the source article at Tire Review

Cooper restarts production in Mexico

Cooper Tire & Rubber Company has restarted production in El Salto, Mexico, on a limited basis.

New health and safety measures have been put in place including employee health disclosures, increased cleaning and disinfection, social distancing and physical barriers, and visitor restrictions.

Similar procedures have been put in place at plants in China, the USA and Serbia, which have reopened following temporary closures.

Read the source article at Tire Technology International

Cooper Tire & Rubber Company Declares 193rd Consecutive Quarterly Dividend

Cooper Tire & Rubber Company (NYSE: CTB) today announced a quarterly dividend of 10.5 cents per share on common stock, payable June 26, 2020 to stockholders of record at the close of business June 1, 2020. This will mark the 193rd consecutive quarterly dividend paid by Cooper Tire & Rubber Company.

Read the source article at Yahoo Finance

Cooper Tire set to reopen US and Serbia manufacturing plants

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Cooper Tire announced that its manufacturing plants in the United States and Serbia will begin the process of reopening and ramping up production next week.

The facilities have been temporarily closed for approximately five weeks due to coronavirus and its impacts. U.S. plant locations include Findlay, Ohio; Clarksdale and Tupelo, Mississippi and Texarkana, Arkansas. The company’s plant in Melksham, England remains temporarily closed.

Read the source article at Traction News

Cooper Tire Debuts New Winter Tire for Pickups, SUVs

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Snow-tested in four countries across three continents, the Discoverer Snow Claw tire features patented Snow Groove technology, which traps snow in the grooves of the tire for greater traction, handling and stopping power. The tire is also designed to stay supple in extreme cold and is engineered to allow for the addition of tire studs, Cooper says.

Read the source article at Tire Review

Cooper Tire: 4Q Earnings Snapshot

FINDLAY, Ohio (AP) _ Cooper Tire & Rubber Co. (CTB) on Monday reported fourth-quarter net income of $51.3 million, after reporting a loss in the same period a year earlier. The Findlay, Ohio-based company said it had net income of $1.02 per share. The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share.

Read the source article at Yahoo News Phillipines

Cooper, Federal, Kumho, Yokohama earn ‘Good Design’ awards

CHICAGO — The Chicago Athenaeum Museum of Architecture and Design has selected products from Cooper Tire & Rubber Co., Federal Corp., Kumho Tire Co. Inc. and Yokohama Rubber Co. Ltd. for “Good Design” awards for design excellence.

Read the source article at Tire Business

Cooper appoints Ben Patel as CTO

Cooper Tire & Rubber Company has named Ben Patel as senior vice president and chief technology officer (CTO). In his new role, Patel is responsible for product planning and development, as well as engineering and technology across all regions. This means he leads a technology organization that includes a global technical centre as well as technical centres in Asia, Europe and North America.

Read the source article at Tyrepress

Cooper Q3 operating income drops 35% on lower sales

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FINDLAY, Ohio — Cooper Tire & Rubber Co. posted double-digit drops in operating income for the three- and nine-month periods ended Sept. 30 due on part of the negative effects higher costs related to U.S. import duties on Chinese products and higher manufacturing costs.

Read the source article at Tire Business