Posts Tagged Toledo

Cooper CEO says buyer committed to US operations

In this May 2, 2007 file photo, Cooper tires are on display at Vermont Tire and Service Inc. in Montpelier, Vt.  India's Apollo Tyres Ltd. is buying Ohio's Cooper Tire & Rubber Co. for about $2.22 billion, boosting its presence in North America and other key markets around the world. Apollo said Wednesday, June 12, 2013,  that the combined company will be one of the world's largest tire makers, with a strong presence across four continents and combined 2012 sales of $6.6 billion. Their tire brands include Apollo, Cooper, Roadmaster and Vredestein.(AP Photo/Toby Talbot, File)

TOLEDO, Ohio (AP) — A tire maker whose main market is in India is buying Ohio’s Cooper Tire & Rubber Co. for $2.2 billion and making a commitment to maintain the company’s three U.S. manufacturing plants and retain its management operation in Ohio, Cooper’s chief executive said Wednesday.

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Toledo gives basketball coach contract extension

TOLEDO, Ohio (AP) — The University of Toledo has signed coach Tod Kowalczyk to a two-year contract extension through the 2018-19 season.

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