Cooper aims to be top tyre maker in China in five years

DETROIT (Sept 17) — Cooper Tire & Rubber Co.’s top executive envisions Cooper becoming the largest tyre maker in China in five years with sales of more than $1 billion.

Speaking at a Reuters Autos and Manufacturing Summit in Detroit Sept. 16, Thomas Dattilo, chairman, president and CEO, said Cooper’s goal is achieve a market share in China of 15 to 17 percent through acquisitions and expanding its existing business there.

Cooper soon will have more cash on hand to pursue this goal, after announcing Sept. 17…

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