Cooper Tire suspends production in US, Mexico

Findlay, Ohio — Cooper Tire & Rubber Co. plans to suspend production temporarily at its tire plants in the US and Mexico, the company has announced. 

The measures, it said, are "to protect the health and safety of employees and respond to market demand that has been impacted by (the) coronavirus."

Cooper said it started phasing down production 21 Mar and plans to proceed "on a rolling schedule" over the coming week, with facilities expected to be closed for two to three weeks.

Cooper operates three plants in in the US and one in Mexico, employing approximately 5,200 hourly workers.

The company also said it is assessing plans for its Europe operations and said its plants in China, which reopened several weeks ago, remain in operation.

Cooper said it will continue to monitor the situation closely and adjust timelines as necessary.

Cooper is monitoring supply chain and product inventory levels as the company focuses on continuing to serve customers, the company said.

Cooper believes it currently has sufficient supply of product and will continue to operate distribution centres until further notice to meet customer needs.

"As the coronavirus has continued to spread across the globe," Cooper said, it "has put in place measures to protect employees and meet the needs of all stakeholders."

This, it said, includes "travel restrictions, remote working, social distancing, additional cleaning and disinfecting of facilities, limited visitor access and other necessary steps, which all remain in effect."