Cooper Confirms Texarkana Cuts

(Akron/Tire Review) Cooper Tire & Rubber Co. confirmed in recent federal securities filings that it will cut some 500 jobs at its Texarkana, Arkansas, tyre plant in a move to reduce operating costs. Cooper said the layoffs should be completed by the end of May 2007, according to reports, and will result in a production reduction of approximately 3.3 million tyres per year at the plant.