Cooper buys full control of Mexican joint venture plant

摘要

FINDLAY, Ohio—Cooper Tire & Rubber Co. has completed the deal making its tire production venture in Mexico, Corporacion de Occidente S.A. de C.V., a wholly owned subsidiary. Cooper raised its stake in Corp. de Occidente from 58 percent by buying the 42 percent stake held by its minority partner, Trabajadores Democraticos de Occidente S.C. de R.L. de C.V. (Tradoc). Financial terms were not disclosed.