Findlay,Ohio-Cooper Tire & Rubber Co.is setting up two joint ventures in China with Shandong Chengshan Tire Co.Ltd to make passenger and truck tyres.Cooper will invest us70 million in the projects,to be known as Cooper Chengshan (Shandong) Passenger Tire Co.Ltd and Cooper Chengshan (Shandong) TruckTireCo.Ltd Cooper will own 51 percent ofthe companies,as well as 25 percent of a steel cord factory located adjacent to Shandong Chengshan's plant in Rongchen City.
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