FINDLAY, Ohio (Feb. 19, 2004) — Cooper Tire & Rubber Co. plans to increase annual capacity at its Findlay plant by about 500,000 performance tires by investing $1.8 million in new equipment.
Cooper said the move will add at least 30 jobs.
“This expansion allows us to increase production of high-performance tires and also add new equipment to enhance our quality and productivity,” said Bill Woeste, vice president of manufacturing. “We expect this equipment to be in place and at full production levels by late summer.”
The Findlay plant has a daily capacity of 26,000 passenger and light truck tires, with 1,100 employees.
In January, Cooper announced $32 million in investments at its three other U.S. plants — Albany, Ga., Texarkana, Ark., and Tupelo, Miss. — to boost capacity by about 2.4 million units annually.