Cooper to Halt Production at Texarkana Plant For Two Weeks

(Akron/Tire Review) Cooper Tire & Rubber Co.’s manufacturing facility in Texarkana, Arkansas, will shut down production for two weeks, according to a report in the Texarkana Gazette.

“They will be having some shutdown days in order to adjust inventory level. The current plans are to be shut down for most of the next two weeks, beginning on Monday, 26 June,” Roger Hendriksen, director of investor relations and corporate communications for Cooper, told the newspaper.

Similar shutdowns, though not at exactly the same time, will take place at other Cooper tire plants, the paper reported.

“The replacement tyre market has been very slow throughout the industry, and the inventory has grown in excess of levels we had planned,” added Hendriksen.