Cooper Tire to Open New Mississippi Distribution Center

Article Stock Quotes (1)

FREE Breaking News Alerts from StreetInsider.com!

StreetInsider.com Top Tickers, 6/24/2026

1. CBRS
2. FDX
3. USO
4. KBH
5. HTZ

6. QCOM
7. SPY
8. HON
9. SPCX
10. TTWO

Get Alerts CTB Hot Sheet

Price: $60.17 --0%

Overall Analyst Rating:
SELL (= Flat)

Dividend Yield: 0.7%

Join SI Premium – FREE

1 million-square-foot warehouse expected to open in fall 2018 in Byhalia; 100 jobs to be created

FINDLAY, Ohio--(BUSINESS WIRE)-- Cooper Tire & Rubber Company announced today that it will expand its product distribution network in the United States with the opening of a new 1 million-square-foot warehouse in Byhalia, Miss. Cooper will lease the facility, which is currently under construction and is slated to open in the fall of this year. It is anticipated that the project will create approximately 100 new jobs for the region, and the site will be the largest distribution center for Cooper in the country.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180207005862/en/

Cooper Tire will expand its product distribution network in the United States with the opening of a new 1 million-square-foot warehouse in Byhalia, Miss. Cooper will lease the facility, which is currently under construction and is slated to open in the fall of this year. (Photo: Business Wire)

Centrally located among Cooper’s three U.S. tire manufacturing plants in Findlay, Ohio, Texarkana, Ark., and Tupelo, Miss., the new facility will allow Cooper to efficiently consolidate and distribute products directly to customers as well as supply its regional distribution centers. The warehouse will have the capacity to expand to an additional 400,000 square feet as needed.

“This new facility will enhance our logistics infrastructure, which supports our efforts to offer exceptional service to our customers by helping us get tires to them when and where they want them,” said Bob Sager, Cooper’s Director of Supply Chain. “This facility is a complement to our current U.S. distribution network that includes six regional distribution centers and three plant manufacturing warehouses, adding to our capability to be flexible and responsive.”

About Cooper Tire & Rubber Company

Cooper Tire & Rubber Company (NYSE: CTB) is the parent company of a global family of companies that specializes in the design, manufacture, marketing and sale of passenger car, light truck, medium truck, motorcycle and racing tires. Cooper’s headquarters is in Findlay, Ohio, with manufacturing, sales, distribution, technical and design operations within its family of companies located in more than one dozen countries around the world. For more information on Cooper, visit www.coopertire.com, www.facebook.com/coopertire or www.twitter.com/coopertire.