Cooper Tire to Open New Mississippi Distribution Center

1 million-square-foot warehouse expected to open in fall 2018 in
Byhalia; 100 jobs to be created

FINDLAY, Ohio–(BUSINESS WIRE)–Cooper Tire & Rubber Company announced today that it will expand its
product distribution network in the United States with the opening of a
new 1 million-square-foot warehouse in Byhalia, Miss. Cooper will lease
the facility, which is currently under construction and is slated to
open in the fall of this year. It is anticipated that the project will
create approximately 100 new jobs for the region, and the site will be
the largest distribution center for Cooper in the country.

Centrally located among Cooper’s three U.S. tire manufacturing plants in
Findlay, Ohio, Texarkana, Ark., and Tupelo, Miss., the new facility will
allow Cooper to efficiently consolidate and distribute products directly
to customers as well as supply its regional distribution centers. The
warehouse will have the capacity to expand to an additional 400,000
square feet as needed.

“This new facility will enhance our logistics infrastructure, which
supports our efforts to offer exceptional service to our customers by
helping us get tires to them when and where they want them,” said Bob
Sager, Cooper’s Director of Supply Chain. “This facility is a complement
to our current U.S. distribution network that includes six regional
distribution centers and three plant manufacturing warehouses, adding to
our capability to be flexible and responsive.”

About Cooper Tire & Rubber Company

Cooper Tire & Rubber Company (NYSE: CTB) is the parent company of a
global family of companies that specializes in the design, manufacture,
marketing and sale of passenger car, light truck, medium truck,
motorcycle and racing tires. Cooper’s headquarters is in Findlay, Ohio,
with manufacturing, sales, distribution, technical and design operations
within its family of companies located in more than one dozen countries
around the world. For more information on Cooper, visit www.coopertire.com,
www.facebook.com/coopertire
or www.twitter.com/coopertire.

Contacts

Cooper Tire & Rubber Company
Megan James, 419-424-4251
[email protected]