New Cooper Tire Asia Technical Center Officially Dedicated

  New Cooper Tire Asia Technical Center Officially Dedicated

Center relocated from Shanghai to Kunshan, China on the grounds of the Cooper
                           Kunshan Tire (CKT) plant

Business Wire

FINDLAY, Ohio -- June 16, 2014

Cooper Tire Asia held a formal dedication ceremony June 12 for a new Asia
Technical Center (ATC) in Kunshan, China, which is also the site of the Cooper
Kunshan Tire (CKT) manufacturing plant, approximately 30 miles from Shanghai.
The ATC was relocated to Kunshan from Shanghai to a new facility constructed
specifically for Cooper’s research and development activities and staff of 65
material scientists and tire engineers. The ATC is one of four technical
centers the Cooper Tire & Rubber Company family of companies operates on three
continents around the world. It features state-of-the-art testing equipment
and expanded research and development capabilities focused on designing and
developing new passenger and truck tires primarily for China and the Asia
market.

The dedication ceremony for the new, 54,000-square-foot facility included
remarks by Allen Tsaur, Vice President and General Manager of Cooper Asia;
Chuck Yurkovich, Vice President, Global Research and Development; and Gavin
Edwards, General Manager of the ATC.

“The new Asia Technical Center is a key investment to support our growth in
China and throughout Asia,” Tsaur said. “Our two strategic focus areas for
Asia are passenger/truck tire growth and continued expansion of our successful
work within the original equipment (OE) market. Working with OEs such as Great
Wall and BAIC, ultimately translates to consumer demand for replacement tires,
and it is the best way to continue to grow our brand as we simultaneously
expand distribution points to serve consumers throughout Asia.”

Yurkovich added that “since 2007, Cooper has continued to improve our
technical capabilities, placing a strong emphasis on speed to market and the
launch of exceptional products,” he said. “We develop ‘ready-to-use’ advanced
technology that we call upon when needed to introduce new products around the
world, and we also pursue select innovative technology to achieve a
competitive advantage through developing new and enhanced tire and materials
technology. Cooper leverages this technology globally, and designs, builds and
tests tires at technical centers in Asia, Europe and North America to enable
us to provide superior customer value by tailoring products to meet the needs
of customers region by region.”

“Locating the new ATC on the grounds of the CKT manufacturing plant offers
many advantages including speed,” Edwards said. “With a plant nearby, we have
the opportunity to test and interact with the people and equipment that
actually produces our tires. It allows us to respond quickly to all of our
customers, particularly OE vehicle manufacturers, which have high levels of
technical demands, as we evolve to create and manufacture the best tires for
drivers in China and throughout Asia.”

About Cooper Tire & Rubber Company
Cooper Tire & Rubber Company (NYSE: CTB)  is the parent company of a global
family of companies that specialize in the design, manufacture, marketing, and
sales of passenger car and light truck tires. Cooper has joint ventures,
affiliates and subsidiaries that also specialize in medium truck, motorcycle
and racing tires. Cooper's headquartersis in Findlay, Ohio, with
manufacturing, sales, distribution, technical and design facilities within its
family of companies located in 11 countries around the world. For more
information on Cooper, visit www.coopertire.com, www.facebook.com/coopertire
or www.twitter.com/coopertire.

Contact:

Cooper Tire & Rubber Company
Anne Roman, 419-429-7189
alroman@coopertire.com
 
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