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COOPER TIRE''S TEXARKANA PLANT HALTS PRODUCTION
14 March 2005 - Cooper Tire & Rubber Company
Cooper Tire & Rubber Company (NYSE:CTB) and the Texarkana United Steelworkers Local 752L were not able to reach agreement on a new labor contract.
The current contract expired as of midnight, March 12. The union leadership authorized a work stoppage at the plant beginning at midnight, March 12, without a membership vote on the proposed contract. The company is hopeful that talks will continue to resume production as quickly as possible. Cooper Tire & Rubber Company is a global company specializing in the design, manufacture and sales of passenger car, light truck, medium truck, motorcycle and racing tires, as well as tread rubber and related equipment for the retread industry. With headquarters in Findlay, Ohio, Cooper Tire has 39 manufacturing, sales, distribution, technical and design facilities around the world.
www.coopertireandrubber.com
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