Cooper Tire selling to Indian company for $2.22B

Full story: Mississippi Business Journal

The head of Ohio's Cooper Tire & Rubber Co. says a $2.2 billion deal that puts the company under new ownership won't result in the closings of its three U.S. manufacturing plants.
Comments
1 - 7 of 7 Comments Last updated Jul 8, 2013
meiirre

Tupelo, MS

#1 Jun 12, 2013
So we have a Japanese company building a plant in MS and Cooper selling out. America is bankrupt and manufacturing jobs will end up competing with international wages not U.S. wages.
redmoment

Tupelo, MS

#2 Jul 3, 2013
meiirre wrote:
So we have a Japanese company building a plant in MS and Cooper selling out. America is bankrupt and manufacturing jobs will end up competing with international wages not U.S. wages.
Exactly! Don't let this happen. Too many of our companies are foreign owned. We have to take our country back.

Since: Mar 12

Location hidden

#3 Jul 4, 2013
Please, I work for Toyota, if it were not for this job, I would be working at Dollar General or bullshit money. Get a grip.
Warnice

Tupelo, MS

#4 Jul 4, 2013
productoftupelo wrote:
Please, I work for Toyota, if it were not for this job, I would be working at Dollar General or bullshit money. Get a grip.
Sorry you do not have your own business not everyone can use their education wisely.
Warnice

Tupelo, MS

#6 Jul 4, 2013
productoftupelo wrote:
hey Warnice, If your going to insult me? Get an angle and a purpose.
No insult only a critic of being a wage slave when you could be free and own your production. Your labor enriches a foreign power and you have no control of the sale of your things you labor on.

Since: Mar 12

Location hidden

#7 Jul 7, 2013
Apparently you have a business that provides you and your family comfort. That is awesome. However, my bills are paid, I have benefits, and I sleep well. I had my own Buz. for years. For me? this works. For now.
Shell

Tupelo, MS

#8 Jul 8, 2013
"For me? this works. For now."
==========
But how long does "for me" work for the community? Greed never wins in the long run. Part of the social contract is to contribute to the community not take profits to another part of the world from the community. That taking of labor only makes everyone have less of a quality of life.

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