Tyrone Michael Jordan Named To Cooper Tire Board Of Directors

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The board of directors of Cooper Tire & Rubber Co. has named Tyrone Michael (T.J.) Jordan a director of the company effective Jan. 10.

Jordan is the former president and chief operating officer of DURA Automotive Systems, a leading Tier One automotive supplier of electric/hybrid systems, advanced driver-assistance systems, mechatronics, lightweight structural systems, and luxury trim systems for premier automotive brands. 

Read the source article at Aftermarket News

Cooper Tire Named To Forbes World’s Best Employers List

Cooper Tire & Rubber Co . has been recognized by Forbes as one of the World’s Best Employers 2020. Cooper placed within the top 20 percent, ranking 143 out of 750 companies on the list, and ranked highly in the automotive industry, placing second among six tire companies in the category.

Read the source article at Aftermarket News

Giti, Yokohama, Cooper Support National Tire Safety Week

Giti Tire USA, Cooper Tire & Rubber Company and Yokohama join the U.S. Tire Manufacturers Association (USTMA) to launch campaigns supporting National Tire Safety Week 2020, which will run through Sept. 6.

The 2020 campaign, “Know Your Roll,” is designed to educate consumers about the importance of proper tire care and maintenance, especially during a time when safety has never been more top-of-mind among Americans.

Read the source article at Aftermarket News

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