FINDLAY - Cooper Tire & Rubber Co. said yesterday it plans to close its retread-products plant in Athens, Ga., eliminating about 140 jobs, within three months.
In a filing with the U.S. Securities and Exchange Commission, the company said the plant's production is to be transferred to other factories. It said it will take accounting charges of $11 million to $15 million for one-time employee-related costs and asset write-downs over the last three quarters of 2006.
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.