FINDLAY, Ohio (Dec. 2, 2008) — Cooper Tire & Rubber Co. is reviewing the financial incentive packages local governments have offered the company in an effort to help reduce the cost structure at its tire plants in Findlay; Tupelo, Miss.; Texarkana, Ark.; and Albany, Ga.
Cooper officials have recently spoken with government leaders from all four states and will now review the proposals as part of a plant capacity analysis report.
In October Cooper announced that it might close one of its four U.S. factories after evaluating the operational costs of each.
The company said it expects to announce a decision on plans for those plants by Jan. 19. A plant closure is an option, according to Pat Brown, vice president of global branding and communication for the tire maker.