Exclusive: Changes From Cooper-Goodyear Deal Are Still to Come

The whole tire industry is waiting to see what happens next as Goodyear Tire & Rubber Co. integrates the Cooper Tire & Rubber Co. business into its portfolio. One thing John Healy knows is that Goodyear has found even more savings than the $165 million the tiremaker initially expected to realize.

Now, it’s more like $250 million in savings are on the table.

Healy — an analyst who tracks the domestic tire industry for Northcoast Research Holdings LLC and also writes MTD’s monthly Your Marketplace column — shares an exclusive update in this latest installment of issues from 2021 that will continue to affect the industry in 2022 and beyond. …

Source: MTD