Cooper Tire & Rubber Cuts North American Production
Posted on: Tuesday, 24 June 2008, 09:03 CDT
Cooper Tire & Rubber has reduced production at its North American facilities during the second quarter of 2008 to counter decreased tire demand and projected shortages of certain raw materials.
The company said that these production curtailments during the second quarter will cost it an estimated $12 million to $14 million.
Source: Datamonitor
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