farmer52 Posted June 12, 2013 Share Posted June 12, 2013 India's Apollo Tyres Ltd agreed to buy U.S.-based Cooper Tire & Rubber Co for about $2.5 billion in a deal that would make it the world's seventh-largest tire maker and reduce its dependence on a slowing Indian auto market. The acquisition of Cooper -- the second biggest U.S. tire maker and No. 11 globally with annual sales of $4.2 billion -- will give Apollo access to the U.S. market for replacement tires for cars and light and medium trucks, Cooper's main business. ... Quote Ken PRR Country and Charter member of the "Mack Pack" Link to comment https://www.bigmacktrucks.com/topic/31547-another-us-company-bites-the-dust/ Share on other sites More sharing options...
hatcity Posted June 12, 2013 Share Posted June 12, 2013 Another brand to avoid soon. Too bad Cooper was so interested in the $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ Quote Success is only a stones throw away.................................................................for a Palestinian Link to comment https://www.bigmacktrucks.com/topic/31547-another-us-company-bites-the-dust/#findComment-188396 Share on other sites More sharing options...
57 bcr Posted June 12, 2013 Share Posted June 12, 2013 Heard that this morning on The Road Dog.Shame. Quote IF YOU BOUGHT IT, A TRUCK BROUGHT IT..AND WHEN YOU'RE DONE WITH IT, A TRUCK WILL HAUL IT AWAY!!! Big John Trimble,WRVA Link to comment https://www.bigmacktrucks.com/topic/31547-another-us-company-bites-the-dust/#findComment-188399 Share on other sites More sharing options...
mackmb212 Posted June 12, 2013 Share Posted June 12, 2013 India has there hands in everything. The mittal brothers from India owns most of the steel companies in the world. I think there under the top 10 richest people in the world also. Quote Link to comment https://www.bigmacktrucks.com/topic/31547-another-us-company-bites-the-dust/#findComment-188401 Share on other sites More sharing options...
DailyDiesel Posted June 12, 2013 Share Posted June 12, 2013 American owned companies, operated by Americans, selling out to the highest bidder. You tell me what is worse. Quote www.dailydieseldose.com Link to comment https://www.bigmacktrucks.com/topic/31547-another-us-company-bites-the-dust/#findComment-188402 Share on other sites More sharing options...
brutis77 Posted June 13, 2013 Share Posted June 13, 2013 My neighbor owns cri rubber in India. They make the caps for Michelin, according to him it's bandag on steroids. Quote Link to comment https://www.bigmacktrucks.com/topic/31547-another-us-company-bites-the-dust/#findComment-188404 Share on other sites More sharing options...
JTFormula Posted June 13, 2013 Share Posted June 13, 2013 My neighbor owns cri rubber in India. They make the caps for Michelin, according to him it's bandag on steroids.Where do you live? Quote ~ JT Burkard ~ AKA Sweaty Mackwww.jtresto.com www.wickedreputation.netwww.jonathanthomasmotorcars.com Link to comment https://www.bigmacktrucks.com/topic/31547-another-us-company-bites-the-dust/#findComment-188432 Share on other sites More sharing options...
GearheadGrrrl Posted June 13, 2013 Share Posted June 13, 2013 I own Cooper stock so I'll make about a 40% profit on the deal, but still sad to see it happen... Even though Cooper wasn't totally an american company since they bought Avon tires a few years back. Both companies produced some excellent tires, Cooper for light trucks and Avon for classic cars and motorcycles. Quote Link to comment https://www.bigmacktrucks.com/topic/31547-another-us-company-bites-the-dust/#findComment-188441 Share on other sites More sharing options...
41chevy Posted June 13, 2013 Share Posted June 13, 2013 And then we have GM . . . .owned by the UAW (52%) and the FEDS moving a large part of their body stamping and body assembly operations of Cadillac and Buick to China. It's ''more cost effective'' because it's ''closer'' to the raw materials. course it does give the UAW an entire new source of dues paying members. Paul Quote "OPERTUNITY IS MISSED BY MOST PEOPLE BECAUSE IT IS DRESSED IN OVERALLS AND LOOKS LIKE WORK" Thomas Edison “Life’s journey is not to arrive at the grave safely, in a well preserved body, but rather to skid in sideways, totally worn out, shouting ‘Holy shit, what a ride!’” P.T.CHESHIRE Link to comment https://www.bigmacktrucks.com/topic/31547-another-us-company-bites-the-dust/#findComment-188447 Share on other sites More sharing options...
james j neiweem Posted June 14, 2013 Share Posted June 14, 2013 I thought goodyear owned cooper. Now the only us tire makers are goodyear and Kelly. I have cooper on my truck and they are comming due. Guess Goodyear /Kelly it is. Quote Link to comment https://www.bigmacktrucks.com/topic/31547-another-us-company-bites-the-dust/#findComment-188665 Share on other sites More sharing options...
GearheadGrrrl Posted June 14, 2013 Share Posted June 14, 2013 Gettin' hard to define an "American" company- Most of these companies are owned by shareholders, who are mostly big institutional and investment funds. As such, you might find that what appears to be an "American" company is majority owned by a european pension plan and chinese investment fund! As far as Cooper goes, they've previously bought Avon, a british firm that for all I know has factories in India as well. Quote Link to comment https://www.bigmacktrucks.com/topic/31547-another-us-company-bites-the-dust/#findComment-188672 Share on other sites More sharing options...
Mike Posted June 14, 2013 Share Posted June 14, 2013 Sad days ahead. A couple of days ago I needed brake shoes for the rear of my car and enquired of the old brands I used. Well found out all are now made in Mexico or China. Yes I bit the bullit and bought Wagner. Or i'll have to go with the Fred Flintstone method of braking. Yaba Daba Doooo. mike 1 Quote Link to comment https://www.bigmacktrucks.com/topic/31547-another-us-company-bites-the-dust/#findComment-188676 Share on other sites More sharing options...
41chevy Posted June 16, 2013 Share Posted June 16, 2013 Looked at a new RAM 5500 Chassis with a 6.7 Cummins in it, had a Made in China tag on the engine, Made in China on the Turbo and Hankook tires. Hope the entire line isn't goingasian. Quote "OPERTUNITY IS MISSED BY MOST PEOPLE BECAUSE IT IS DRESSED IN OVERALLS AND LOOKS LIKE WORK" Thomas Edison “Life’s journey is not to arrive at the grave safely, in a well preserved body, but rather to skid in sideways, totally worn out, shouting ‘Holy shit, what a ride!’” P.T.CHESHIRE Link to comment https://www.bigmacktrucks.com/topic/31547-another-us-company-bites-the-dust/#findComment-188965 Share on other sites More sharing options...
Maddog13407 Posted June 16, 2013 Share Posted June 16, 2013 ive ran cooper tires here and there and my local tire guy is a dealer, even got recap coopers on the back of my B61. have thought for years cooper was a POS tire. had then on my truck and cars and never had good results, never liked goodyear either. have ran BFGoodrich off and on and never had any problems. put coopers on my truck and switched back to Bfg Quote Link to comment https://www.bigmacktrucks.com/topic/31547-another-us-company-bites-the-dust/#findComment-188992 Share on other sites More sharing options...
hatcity Posted June 16, 2013 Share Posted June 16, 2013 Looked at a new RAM 5500 Chassis with a 6.7 Cummins in it, had a Made in China tag on the engine, Made in China on the Turbo and Hankook tires. Hope the entire line isn't goingasian.You'll be fine. Just don't eat any paint chips 1 Quote Success is only a stones throw away.................................................................for a Palestinian Link to comment https://www.bigmacktrucks.com/topic/31547-another-us-company-bites-the-dust/#findComment-189057 Share on other sites More sharing options...
41chevy Posted June 18, 2013 Share Posted June 18, 2013 You'll be fine. Just don't eat any paint chipsWell it's Omaha Orange, cause that and red got the most lead.... made me all I am today. Quote "OPERTUNITY IS MISSED BY MOST PEOPLE BECAUSE IT IS DRESSED IN OVERALLS AND LOOKS LIKE WORK" Thomas Edison “Life’s journey is not to arrive at the grave safely, in a well preserved body, but rather to skid in sideways, totally worn out, shouting ‘Holy shit, what a ride!’” P.T.CHESHIRE Link to comment https://www.bigmacktrucks.com/topic/31547-another-us-company-bites-the-dust/#findComment-189414 Share on other sites More sharing options...
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