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Showing results for Factory Direct Tires, Inc. v. Cooper Tire and Rubber Company
...Goh said the new rubber glove factory would begin with two production lines with an annual capacity of 500m pieces and would be expanded to 10 lines and 2.5bn pieces annually....
...As you know, I am a pioneer of the direct-to-consumer business and am not held back by legacy assets....
...Tire & Rubber, building a tyre plant in Vietnam with joint-venture partner Sailun....
...I vomited black carbon,” says Mr Yoo, who worked on the company’s production team, mixing rubber with chemicals and other materials to make tyres....
...Goodyear and La Poste are not the only companies where French union members have taken executives hostage....
...Chengshan borrowed money from state-owned Bank of China to fund its purchase of Cooper’s joint venture stake and routed the transaction through a Hong Kong shell company, ensuring that the factory can continue...
...The Chinese tyre manufacturer that wrecked Apollo Tyres’ planned acquisition of Ohio’s Cooper Tire will exercise its right to take over the US company’s largest factory, ending a bitter year-long commercial...
...Cooper and Chengshan subsequently agreed to a divorce: the Chinese company bought out its US partner’s stake for $285m last month....
...Its flagship tyre unit is China National Tire and Rubber, which in turn controls four tyre companies including Aeolus Tyre Company....
...When workers there objected to the sale of Ohio-based Cooper Tire & Rubber to Apollo Tyres of India, they simply seized the factory and refused to surrender it until the acquisition was abandoned....
...Cooper finally resolved its dispute with Chengshan and the workers in January, by giving the Chinese company an option to purchase the factory....
...Workers at Cooper Chengshan Tire (CCT), a joint venture between Cooper and China’s Chengshan Group, seized control of the factory, threw out Cooper management representatives and stopped making Cooper-branded...
...What would have been the biggest-ever acquisition of a US company by an Indian buyer was steered off-track almost as soon as it was announced, when workers at the Cooper Chengshan Tire factory in Shandong...
...Industrial action erupts daily across China and over recent months has affected the operations of multinationals such as IBM, Cooper Tire and Rubber of Ohio and Yue Yuen Industrial, a shoe manufacturer....
...of Cooper’s US factories to Apollo....
...That was the impression from Monday’s statements from both the US’s Cooper Tire & Rubber and India’s Apollo Tyres after Cooper announced it was giving up efforts to force Apollo to complete its planned $2.5bn...
...Representatives of the CGT union on Monday confirmed that they had detained Bernard Glesser, a human resources director, and Michel Dheilly, the factory director, after failing to agree terms with management...
...Relations between India’s Apollo Tyres and Cooper Tire of the US took a turn for the worse on Friday when Cooper took legal action to force Apollo to conclude their planned $2.5bn merger....
...Cooper Tire and Rubber, which is due to sell itself to India’s Apollo Tyres, is reviewing its options on how to respond to an arbitrator’s blocking of part of the $2.5bn deal on the grounds it had been agreed...
...Group’s 35 per cent stake in Cooper Chengshan Tire (CCT)....
...Last year employees in eastern Shandong province blocked what would have been corporate India’s largest acquisition of an American company by seizing control of a Cooper Tire and Rubber factory....
...A large bulletin board just inside the main entrance has been commandeered by the factory’s union, which has plastered it with a long letter objecting to the pending sale of Ohio-based Cooper Tire and Rubber...
...India’s Apollo Tyres wants a reduction in the price it is to pay to acquire Cooper Tire, saying it faces “significant and unanticipated costs” relating to labour relations issues and accusing the US company...
...Cooper Tire pulls out of $2.5bn merger with India’s Apollo The US’s Cooper Tire & Rubber took a surprise step to eliminate the uncertainty surrounding its sale to India’s Apollo Tyres on Monday when it...
...Mr Taylor declined to identify where the factories under consideration were located but said they were in the countries in which Titan already has operations: Germany, France, Italy, the UK and Spain....
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