Rules for plant survival change with globalization

January 2009
Rubber & Plastics News;1/12/2009, Vol. 38 Issue 12, p8
Trade Publication
The article comments on Cooper Tire & Rubber Co.'s decision to close its Albany, Georgia, tire plant. According to the author, the move emphasizes the changed nature of tire manufacturing in the world. In a bad market for every company in the tire industry, Cooper was no exception, posting losses of as much as $80 million through nine months of 2008, the author says. Cooper weighed all the factors-labor, operational, fixed and closure costs-and the plant came out the loser, the author says.


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