John F. Schaefer and Claude E. Hart
Findlay, Ohio, U.S.
Cooper Tire & Rubber Company is an American tire manufacturer that has been producing high-quality tires since 1914. With a long history of excellence and a dedication to innovation, Cooper Tire has established itself as a leader in the industry.
The company’s commitment to quality is evident in the wide range of products it offers. Cooper Tire produces replacement tires for passenger cars, trucks, and SUVs, as well as tires for medium trucks, motorcycles, and racing vehicles. Its products are available in more than 60 countries, and it has 60 facilities worldwide.
One of Cooper Tire’s most notable subsidiaries is Avon Tyres, a UK-based brand that produces tires for motorcycles, road cars, and race cars. With a reputation for precision engineering and superior performance, Avon Tyres has become a leading name in the motorsports industry.
Cooper Tire & Rubber Company is an American tire manufacturing company with a long and interesting history. The company specializes in the design, manufacture, marketing, and sales of replacement automobile and truck tires, as well as medium truck, motorcycle, and racing tires. Cooper Tire has a global presence with 60 manufacturing, sales, distribution, technical, and design facilities worldwide, including subsidiaries such as the UK-based Avon Tyres brand, which produces tires for motorcycles, road cars, and race cars.
The history of Cooper Tire & Rubber Company dates back to 1914 when two brothers-in-law, John F. Schaefer and Claude E. Hart, founded a tire repair shop in Findlay, Ohio. In 1915, they decided to start manufacturing tires themselves and named their company the M&M Manufacturing Company. The name was changed to Cooper Corporation in 1946 after the company was sold to a group of investors led by Ira J. Cooper. In 1960, the company went public and was listed on the New York Stock Exchange.
Cooper Tire & Rubber Company has a strong reputation for innovation and quality. In 1946, the company introduced the first 4-ply all-weather tire, and in 1965, Cooper Tire was the first company to develop a radial tire in the United States. In 2003, the company introduced the first tire with run-flat technology, which allows drivers to continue driving on a flat tire for a limited distance.
Over the years, Cooper Tire has acquired several other tire companies, including Mastercraft Tire Company in 1956, Avon Tyres in 1997, and Mickey Thompson Performance Tires and Wheels in 2003. These acquisitions have helped the company expand its product line and increase its global reach.
In June 2021, Cooper Tire & Rubber Company was acquired by Goodyear Tire & Rubber Company, one of the largest tire manufacturers in the world. The acquisition has strengthened Goodyear’s position in the global tire market and provided Cooper Tire with access to new markets and resources.
In conclusion, Cooper Tire & Rubber Company has a rich history of innovation, quality, and growth. The company’s commitment to excellence has made it a leader in the tire industry, and its acquisition by Goodyear Tire & Rubber Company has ensured that it will continue to thrive in the future.