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Cooper Tire & Rubber Co.

 

CTB

Cooper Tire & Rubber Company is engaged in the production and marketing of assorted replacement tires. Cooper Tire & Rubber focuses on the manufacture and sales of passenger and light-truck replacement tires. The company also manufactures radial medium-truck tires and materials and equipment for the truck tire retread industry. Cooper's products are sold throughout the United States and in certain foreign markets primarily to independent tire dealers, wholesale distributors, regional and national retail tire chains, as well as large retail chains that sell tires. Cooper's operations are organized into two separate, geographical business divisions: North American tire operations and International tire operations. In December 2004, the Company sold its automotive business, Cooper-Standard Automotive. In January 2005, Cooper acquired approximately 11% of the common equity of Kumho Tire Co., Inc. of Seoul, Korea.

 

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