The $2.5 billion acquisition of Cooper Tire & Rubber Co. by Goodyear Tire will increase the tiremaker’s U.S. manufacturing footprint to a few further crops and can finally add 97,000 models of passenger and light-weight truck tire manufacturing capability for the corporate.
Photograph: Goodyear
The $2.5 billion acquisition of Cooper Tire & Rubber Co. by Goodyear Tire will increase the tiremaker’s U.S. manufacturing footprint to a few further crops and can finally add 97,000 models of passenger and light-weight truck tire manufacturing capability for the corporate.
Cooper operates crops in Findlay, Ohio; Tupelo, Miss.; and Texarkana, Ark. The crops in Ohio and Arkansas produce each passenger and light-weight truck tires. Cooper’s plant in Mississippi solely manufactures passenger tires.
Of Goodyear’s 5 U.S.-based crops, two produce industrial tires in Danville, Va., and Topeka, Kan. It has two different crops that manufacture client tires and one which makes racing tires.
Cooper’s three U.S. client tire crops, collectively, have the capability to supply 97,000 models per day, in keeping with Fashionable Tire Seller. Goodyear’s two U.S. client tire crops have a mixed capability of 106,000 models.
Goodyear additionally has a client tire manufacturing plant in San Luis Potosi, Mexico. The plant opened in 2017.
