Cooper signs off-take agreement with Sailun Vietnam for TBR tyre Production
Cooper Tire & Rubber Company has entered into a multi-year manufacturing offtake agreement with Sailun Vietnam Company for the production of Truck and Bus Radial (TBR) tyres for global markets. The tyres will be manufactured under the Roadmaster, Dean and Starfire brands. This will be the third global source of TBR tyre production for Cooper Tire.
“Cooper has been expanding our TBR business in both the replacement and original equipment segments. The Sailun facility in Tay Ninh, Vietnam, where our TBR tyres will be produced, is a state-of-the-art plant with an experienced team that is committed to outstanding product quality. We look forward to working with them as we continue to grow our TBR business and meet customer demand for our products,” said Brad Hughes, Cooper President & Chief Executive Officer.
Besides, Cooper will open a new North America distribution centre on lease in 400,000-square-foot area at San Bernardino, for its TBR business, in spring this year.