Tag: Cooper
Cooper Tire to become 100% owner of Mexico JV tyre plant
Cooper Tire & Rubber Company intends to completely acquire its joint venture tyre manufacturing facility in Mexico. It currently holds a 58 per cent share in Corporación de Occidente S.A. de C.V. (COOCSA), but has entered into a definitive agreement with partner Trabajadores Democraticos de Occidente S.C. de R.L. de C.V. (TRADOC) to acquire its 42 per cent stake. On Friday, a majority of TRADOC members voted in favour of the agreement.
Galgo and Cooper Tires develop partnership
On the other side of the Atlantic Galgo and Cooper Tires have partnered to “increase productivity, meet customer needs and provide cost savings, by collaborating to align product warranties on new tyres”.
Cooper recalls certain Roadmaster RM852 tyres in the US
In the US, Cooper Tire & Rubber Co. (Cooper) is recalling certain Roadmaster RM852 EM tyres. According to a NHTSA recall notice published on 23 August 2019, the problem is that the “innerliner gauge may be too thin, allowing the tyre sidewall to fail.”
Serbia to become PCLT tyre production hub
When Toyo recently announced its intention to build a new tyre plant in Serbia it consolidated the country’s position as the leading location for new passenger car and light truck (PCLT) tyre manufacturing capacity in Europe. Toyo’s proposal follows Linglong’s decision to build its new European plant in the country and Cooper Tire’s plan to double the size of its facility there. Based on analysis of all announced capacity actions by Astutus Research (plant opening and expansion net of closures and downsizing), the Czech Republic is a distant second in terms of planned capacity additions between 2018 and 2026.
Cooper Tire releases 2018 Sustainability report
Cooper Tire & Rubber Company has published its seventh annual Corporate Social Responsibility (CSR) and Sustainability report. The report, titled ‘Responsibility the Cooper Way’, is the seventh such report from Cooper Tire.
Cooper Tire’s Tread Wisely app reminds young drivers to check their tyres
With schools soon to be back in session in the US, Cooper Tire’s Tread Wisely programme, a tyre and vehicle safety program for teens and young adults, is encouraging students to check their tyres as part of their back-to-school routine.
Former World Rally Championship tyre supplier in administration
Carlisle-based tyre sales operation Technology Sinon UK Limited, the name of D Mack Global Limited since 19 December 2018, has entered administration with debts totalling more than £14 million pounds, according to its administrator Leonard Curtis. The company, which operated within the DMACK group of companies, was a supplier of tyres to the World Rally Championship from 2011, running its own team in the championship in association with M-Sport, until 2017. Shares in Technology Sinon UK are split between director Dick Cormack (70 per cent), a former Pirelli manager who set up the business in 2011, MEMW Management Limited (25 per cent), and Glenn Paterson (5 per cent), who has left the company after holding a variety of roles within the firm. The administrator reports that, as of 14 May, Technology Sinon UK owed just over £13 million to its list of creditors. Dmack brand rally tyres continue to be manufactured by DMack Srl, formed by Dick Cormack in 2018 when a deal was struck with Marangoni for operations to begin at the Italian tyre manufacturer’s plant in Rovereto.
Cooper Tire supports Wiltshire Air Ambulance
Cooper Tire Europe will support Wiltshire Air Ambulance emergency medical service by supplying Cooper Zeon 4XS Sport tyres to the charity’s XC90 rapid response vehicle (RRV) and Honda CR-V support car.
Cooper investing US$4 million in Tupelo mixing
Cooper Tire & Rubber is investing a further $4 million into its plant in Tupelo, Mississippi. Local news sources, citing documents filed with the city said the money will be invested in upgrading the Tupelo plant’s mixing facilities.
Micheldever appoints Mitchell as wholesale director
Micheldever Tyre Services (MTS) has appointed Graham Mitchell as its new wholesale director. Mitchell will take over the key strategic role following Alan Baldwin’s retirement, scheduled for November. In a 17-year career in the tyre industry, Mitchell has acquired extensive experience across both UK and European markets. He joins MTS from Cooper Tire, where he held senior management roles that included sales director for UK and Western Europe and UK and Northern Europe sales director.
Cooper names Clifford global Avon motorcycle manager
Cooper Tire & Rubber Company Europe Ltd. Has appointed Dominic Clifford as global Avon motorcycle manager. He is responsible for worldwide sales of Avon motorcycle tyres and is based in Melksham, Wiltshire, where he reports to Jaap van Wessum, General Manager EMEA, Cooper Tire Europe.
Cooper launches Pro Series LHT trailer tyre
Cooper Tire has introduced a new long haul trailer (LHT) tyre, which completes the company’s signature Cooper Pro Series product line-up with fitments at each tractor/trailer wheel position. The Cooper Pro Series LHT joins the Cooper Pro Series long haul drive and long-haul steer tyres that were previously introduced. The new trailer tyre is available in 295/75 R22.5, with additional sizes becoming available later this summer.
Cooper Tire Awards Annual Roy V. Armes, Centennial scholarships
Cooper Tire & Rubber Company has selected six high school seniors to receive scholarships to pursue higher education. The Roy V. Armes Scholarship, in the amount of $5,000, and five Cooper Centennial Scholarships, in the amount of $1,000 each, were awarded.
Cooper Discoverer ATT SUV tyre offers rugged performance, road comfort combo
Cooper Tire Europe has introduced its new Discoverer ATT. The new 4x4/SUV tyre is designed for 60 per cent on-road, 40 per cent off-road applications, with fitments available for a wide range of CUVs and SUVs.
Cooper declares 189th annual dividend
Cooper Tire & Rubber Company has announced a quarterly dividend of 10.5 cents per share. The dividend will be payable 28 June, 2019 to stockholders of record at the close of business 3 June, 2019. This will mark the 189th consecutive quarterly dividend paid by Cooper.