Cooper Tire completed the acquisition of the remaining 42% of Corporacion de Occidente.

Cooper Tire, an American company that specializes in the design, manufacture, marketing and sales of replacement automobile and truck tires, completed the acquisition of the remaining 42% of Corporacion de Occidente, its tiremaking, Mexico-based joint venture with TRADOC. Financial terms were not disclosed. “Full ownership of COOCSA is an important step in our strategic plan to optimize our global manufacturing footprint with cost-competitive production of quality tires to meet market demand, in this case throughout Latin America, as well as in North America,” Brad Hughes, Cooper President & Chief Executive Officer.