FINDLAY, Ohio — Cooper Tire & Rubber Co. has completed the deal making its tire production venture in Mexico, Corporación de Occidente S.A. de C.V., a wholly owned subsidiary.
Cooper raised its stake in Corp. de Occidente to 100% from 58% by buying the 42% stake held by its minority partner, Trabajadores Democraticos de Occidente S.C. de R.L. de C.V. (Tradoc). Financial terms were not disclosed.