Cooper Tire Distributes Layoff Notices

Employees at Cooper Tire’s factory in Texarkana, Arkansas have been notified that the layoffs anticipated since their initial announcement last year will begin this May. Letters stating that the layoffs will take place on May 26 have been distributed to plant workers.

In September 2006 Cooper Tire announced it planned to convert the factory into a ‘flex plant’, at the expense of at least 400 jobs. However company officials now believe the layoffs may not be so extensive due to recent market changes and attrition at the plant.