Avon is preparing to introduce a new all-season product: the Avon AS7. Boasting both 3PMSF (Three Peak Mountain Snow Flake) and M+S (Mud and Snow) ratings, it is designed to deliver reliable traction in unpredictable weather and demanding conditions all year round. The tyre is the latest in the Cooper Tire portfolio, joining the launch of the Cooper Discoverer A/T3 Sport 2 (pictured) earlier in 2020, and enhancing the company’s all-season portfolio.
Cooper Tire Europe is supplying tyres to 4×4 tuner Brute Jeeps. Cooper will provide Brute, which focuses on creating exclusive customised editions of the Jeep Wrangler, with “professional off-road tyres”.
Triangle Tire USA has named Brad Wurst as senior development engineer of A3T, the company’s technical centre in Akron, Ohio. Wurst joins Triangle from Smithers where he has worked since March 2018. Prior to Smithers, Wurst spent more than seven years with Cooper Tire & Rubber, including a one-year assignment as a truck tyre development engineer at the company’s facility in Shanghai, China. Before that Wurst was spent 20 years with Bridgestone Americas.
Tyrepress has published its 2020 ranking of the world’s top tyre manufacturers. Our ranking lists the top 20 tyre makers ordered by turnover from tyres in the previous calendar year. For example, Continental turned over nearly 45 billion euros in 2019, but 26.4 per cent of this was from its tyre divisions, making it the fourth largest tyre manufacturer in the world with 11.7 billion euros. The ranking presents a baseline for discussing the relative positions of the largest global players in tyre production. In 2019, we noted that Bridgestone had opened up a gap at the top of our ranking, around 2.65 billion euros ahead of second-placed Michelin in tyre turnover. This year, the French giant has reduced this gap to just over half a billion euros, reflecting its most recent acquisitions.
Jinyu Tire Group hosted the groundbreaking ceremony of Jinyu (Vietnam) Tire Company Ltd’s 2 million tyre a year factory in Phuoc Dong Industrial Park, Tay Ninh Province, Vietnam on 18 June 2020. Local industrial park leaders as well as customer, supplier and construction representatives attended on the behalf of Jinyu Tire Group partners in light of the Covid pandemic
Cooper Tire & Rubber Company will open a new 1 million square foot regional distribution centre in Whiteland, Indiana. The facility, minutes from the company’s current Franklin, Ind. warehouse, will replace the Franklin site with all employees expected to transition to the new location. The Whiteland facility is currently under construction and is expected to open in early 2021. Cooper adds that the new site will provide increased capacity for product storage and a modern design for enhanced efficiencies.
Cooper Tire & Rubber Company reports that six recent high school graduates have been selected to receive scholarships to pursue higher education via its Roy V Armes and Centennial scholarship programme.
In the USA, Cooper Tire’s Roadmaster brand has bolstered its presence in the delivery and emergency vehicle segment with the introduction of two new tyres. The Roadmaster RM257 drive and Roadmaster RM170+ steer, both 19.5-inch tyres, will soon be available for order through Roadmaster dealers.
Cooper Tire Europe has increased its involvement in UK mountain search and rescue operations. The tyre manufacturer is providing support to teams across England and Wales. As part of the initiative, several teams are now equipped with Cooper 4×4 tyres.
Cooper has begun the process of restarting its tyre manufacturing plant in El Salto, Mexico. The manufacturer said it is restarting production on a limited basis today. It states that it has “put in place a comprehensive set of procedures that include required employee health disclosures, increased cleaning and disinfecting of facilities and equipment, social distancing and physical barriers, visitor restrictions, and other measures.” These measures are aligned with the company’s “first priority of employee health and safety,” it added.
Cooper Tire & Rubber Company has announced that Cooper Tire Europe plans to begin the process of reopening its manufacturing plant in Melksham, England, in the first half of June, and expects to be producing tyres there by 15 June 2020. The facility, which primarily manufactures motorcycle and racing tyres, has been temporarily closed since late March due to coronavirus.
Despite intense pressures facing the wider tyre industry, on 8 May 2020 Cooper Tire & Rubber Company maintained a long unbroken streak of quarterly dividends, when it declared a dividend of 10.5 cents per share on common stock, payable 26 June 2020 to stockholders of record at the close of business 1 June 2020. This is the 193rd consecutive quarterly dividend paid by Cooper Tire & Rubber Company.