Cooper Tire and Rubber Co. says it is assessing its options after an arbitrator blocked the sale of two of its plants to Apollo Tyres Ltd. The arbitrator upheld two grievances filed by the United Steel Workers (USW) in a ruling issued on ...
Tags: Cooper Tire, tyre, Auto Parts
Will the deal between Apollo Tyres Ltd. and Cooper Tire & Rubber Co. go through? We will find out Sept. 30, 2013, when Cooper holds a special meeting of stockholders to consider and vote on the previously announced merger. Cooper ...
Tags: Apollo Deal, Cooper Shareholders
The Discoverer HT3 features a continuous shoulder rib that provides strong resistance to irregular wear and a quieter ride. Cooper Tire & Rubber Co. is expanding its Discoverer line of premium products with the addition of the Discoverer ...
Tags: tyre, Auto Parts
Goodyear Tire & Rubber Co. says the four-year master labor contract ratified by members of the United Steelworkers union on August 22, 2013, meets the goals established prior to the negotiations. It also helps the company continue its ...
Tags: Tire, Auto Parts
Cooper Tire & Rubber Co.'s passenger and truck tire plant in Rongcheng, China, remains unmanned following a work stoppage that begin in July. The stoppage coincided with the announcement that Apollo Tyres Ltd. had purchased the Findlay, ...
Tags: Cooper Tire, truck tire
Cooper Tire & Rubber Co. posted net income of $35 million on net sales of $884 million for its second quarter ended June 30, 2013. That compares to net income of $52 million on net sales of $1 billion for the same period last year. ...
Tags: Cooper Tire, Auto Parts
Apollo Tyres Ltd. posted net income of more than 1.6 billion rupees on net sales of 31.9 billion rupees for the first quarter of its fiscal 2014 ended June 30, 2013. That compares to income of 1.4 billion rupees on sales of 31.6 billion ...
Tags: Auto Parts, Tyre
Cooper Tire & Rubber Company announced a quarterly dividend of 10.5 cents per share on common stock, payable Sept. 30, 2013. The dividend will be payable to stockholders of record at the close of business on Sept. 5, 2013. The company ...
Tags: Auto Parts, tire
Cooper Tire & Rubber Co. will release its second-quarter 2013 financial results before the market opens on Thursday, Aug. 8. In light of its pending merger with Apollo Tyres Ltd, the company will not host a financial community conference ...
Tags: Cooper Tire, Rubber
Indian tyre manufacturer Apollo Tyres has signed a deal to acquire US-based tyre maker Cooper Tire & Rubber Company for about INR145bn ($2.49bn). The agreement has been approved by the boards of directors of both companies and under the ...
Tags: Apollo Tyres, Cooper Tire
Cooper Tire & Rubber Company announced recently, they will build a global technology center in Findlay, Ohio, US. Cooper Tire said the new technology center will cost about $40m construction cost in the next 5 years and it will employ 40 ...
Tags: Cooper Tire, Global Technology Center, US
Indian tyre manufacturer Apollo Tyres is considering to acquire major stake worth abotu $600-800m in the US-based tyre maker Cooper Tire & Rubber Company. The acquisition is expected to provide Apollo Tyres access the US replacement tyre ...
Tags: Apollo Tyres, Cooper Tire&Rubber Company, passenger car