0001144204-11-067207.txt : 20111128 0001144204-11-067207.hdr.sgml : 20111128 20111128170653 ACCESSION NUMBER: 0001144204-11-067207 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20111128 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20111128 DATE AS OF CHANGE: 20111128 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COOPER TIRE & RUBBER CO CENTRAL INDEX KEY: 0000024491 STANDARD INDUSTRIAL CLASSIFICATION: TIRES AND INNER TUBES [3011] IRS NUMBER: 344297750 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04329 FILM NUMBER: 111228996 BUSINESS ADDRESS: STREET 1: LIMA & WESTERN AVENUES CITY: FINDLAY STATE: OH ZIP: 45840 BUSINESS PHONE: 4194231321 8-K 1 v241813_8k.htm FORM 8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC  20549
 

 
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported):  November 28, 2011

COOPER TIRE & RUBBER COMPANY
(Exact Name of Registrant as Specified in Charter)

Delaware
 
001-04329
 
344297750
(State or Other Jurisdiction
 
(Commission
 
(IRS Employer
of Incorporation)
  
File Number)
  
Identification No.)

701 Lima Avenue, Findlay, Ohio
 
45840
(Address of Principal Executive Offices)
  
(Zip Code)

Registrant’s telephone number, including area code:
(419) 423-1321

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 

 
 
Item 8.01 – Other Events
 
On November 28, 2011, Cooper Tire & Rubber Company (the “Company”) issued a press release announcing a labor action at its Findlay, Ohio manufacturing facility.  A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
 
Item 9.01 – Financial Statements and Exhibits
 
(d) Exhibits.
 
Exhibit No.
 
Description
     
99.1
  
Press Release issued by Cooper Tire & Rubber Company on November 28, 2011

 
 

 

SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
COOPER TIRE & RUBBER COMPANY
   
By:  
/s/ Jack Jay McCracken
 
Name:  Jack Jay McCracken
 
Title:    Assistant Secretary

Date:  November 28, 2011
 
 
 

 
 
EXHIBIT INDEX
 
Exhibit No.
 
Description
     
99.1
  
Press Release issued by Cooper Tire & Rubber Company on November 28, 2011

 
 

 
EX-99.1 2 v241813_ex99-1.htm EXHIBIT 99.1


CONTACT:
Michelle Zeisloft
FOR IMMEDIATE RELEASE
 
Cooper Tire
November 28, 2011
 
(419) 423-1321
 
 
mrzeisloft@coopertire.com
 

Cooper Tire announces labor action at its Findlay Plant
 
FINDLAY, OHIO, NOVEMBER 28, 2011 –COOPER TIRE & RUBBER COMPANY (NYSE: CTB) announced that, following repeated attempts to extend its recently expired contract or reach agreement on a new long-term contract with United Steelworkers  Local 207L (USW), the Company has communicated an immediate lockout of its Findlay plant unionized workforce to the USW.
 
At the onset and throughout negotiations which began nearly three months ago, Cooper made it clear to the USW that a competitive, cost-effective and timely agreement needed to be reached to avoid a risk to Cooper and its customers of simultaneous work stoppages in Findlay and Cooper's Texarkana, Arkansas manufacturing facility.  The Company advanced several options to avoid the contract overlap that is looming, including a last, best, and final proposal for a new long-term contract and an offer to extend the recently expired contract for an additional year with no change in terms.  The USW was unwilling to extend the contract more than 30 days, which would have placed the labor agreements at two of Cooper's major U.S. facilities even closer together.
 
Cooper plans to continue manufacturing operations at the Findlay facility with a temporary workforce during the lockout.  While certain production adjustments may be necessary in the short-term, Cooper will continue to supply its customers with the quality products they have come to expect.  Cooper is committed to making every effort to support its customers during this labor action.
 
Cooper is also committed to reaching an agreement with the USW that recognizes the realities of the tire industry while providing a competitive wage and benefit package for its employees.  Dates for future negotiations are currently being finalized.
 
About Cooper Tire & Rubber Company
Cooper Tire & Rubber Company (Cooper) is the parent company of a global family of companies that specialize in the design, manufacture, marketing, and sales of passenger car and light truck tires. Cooper has joint ventures, affiliates and subsidiaries that also specialize in medium truck, motorcycle and racing tires. Cooper's headquarters is in Findlay, Ohio, with manufacturing, sales, distribution, technical and design facilities within its family of companies, located in 10 countries around the world. For more information on Cooper, visit www.coopertire.com, www.facebook.com/coopertire, www.twitter.com/coopertire.

###
 
 
 

 
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