Cooper Tire Announces Plans to Own 100 Percent of Mexico Joint Venture Facility
November 01, 2019
November 01, 2019
FINDLAY, Ohio, Nov. 1 -- Cooper Tire & Rubber Co. issued the following news release:
Cooper Tire & Rubber Company (NYSE: CTB) today announced that it plans to increase ownership in its Mexico joint venture tire manufacturing facility, Corporacion de Occidente S.A. de C.V. (COOCSA), from 58 percent to 100 percent. Cooper and Trabajadores Democraticos de Occidente S.C. de R.L. de C.V. (TRADOC), which owns 42 percent of the joint venture, have entered into a definitive agreemen . . .
Cooper Tire & Rubber Company (NYSE: CTB) today announced that it plans to increase ownership in its Mexico joint venture tire manufacturing facility, Corporacion de Occidente S.A. de C.V. (COOCSA), from 58 percent to 100 percent. Cooper and Trabajadores Democraticos de Occidente S.C. de R.L. de C.V. (TRADOC), which owns 42 percent of the joint venture, have entered into a definitive agreemen . . .