Cooper posts record sales in fourth quarter

From Rubber & Plastics News

Findlay, Ohio-Cooper Tire & Rubber Co., coming off a record-setting fourth quarter, is optimistic its results in 2004 will exceed the company’s performance in 2003.

Cooper anticipates a 10-percent jump in its unit shipments this year vs. industry growth of 3 to 4 percent, Thomas Dattilo, chairman, president and CEO, told analysts in a conference call discussing the firm’s results.

The anticipated growth will outstrip the company’s production capacity, Dattilo said, meaning Cooper will be relying even more on expanded outsourcing agreements.


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