Cooper

About Cooper Tire & Rubber Company

Our Business

As a leading global competitor in the tire industry, Cooper Tire & Rubber Company, together with its affiliates, subsidiaries and joint ventures has manufacturing facilities on three continents, sales and distribution networks around the world and products that meet and exceed the demands of the world's most dynamic markets. The Cooper family of companies has more than 430 million Cooper produced tires on vehicles around the world, making our products an important difference to the quality of people’s everyday lives.

Company Background

·         Strategic focus is on light vehicle replacement tires in North America

·         The 11th largest global tire manufacturer

·         The fourth largest tire manufacturer in the U.S.

·         Market share in the U.S. is 14 percent

·         In the top eight truck and bus radial tire manufacturers in the People's Republic of China.

History

The company's U.S. history dates back to 1914, when brothers-in-law John F. Schaefer and Claude E. Hart purchased M and M Manufacturing Company in Akron, Ohio, producing tire patches, tire cement and tire repair kits.

In 1915, Schaefer and Hart purchased The Giant Tire & Rubber Company of Akron, a tire rebuilding business, and two years later moved the business to Findlay, Ohio.

The firm changed its name to Cooper Tire & Rubber Company in 1946 and by July 11, 1960, the company became a publicly held corporation and was listed on the New York Stock Exchange.