Cooper reports profit for 2013
Cooper Tire & Rubber Co. has finally closed the book on 2013, a year its top executive characterized as full of “unique challenges and unprecedented circumstances.” That might be an understatement.
Cooper came into 2013 strong. It was coming off a record year for sales and in June announced a big merger agreement with Apollo Tyres Ltd. that promised to make shareholders a tidy profit and create the world’s seventh-largest tire maker.