TUPELO — Officials from Cooper Tire and Rubber Company announced that the company is expanding operations at its Tupelo plant in order to increase production and efficiency at the plant.
The project represents a company investment of $9 million and will create 35 new jobs at the facility.
The expansion is the company’s second in two years at the Tupelo location; in 2009, Cooper Tire officials announced a $7-million, 32,000-square-foot expansion at the facility, which created 150 new jobs.
The 2009 expansion followed the company’s decision to close one of its four U.S. locations. After Cooper Tire announced it was closing its Albany, Ga., facility, it realigned products formerly produced there to its remaining three facilities, including Tupelo.
“Cooper Tire is one of the largest employers in north Mississippi, and I am delighted that the company is continuing to grow and create new jobs for area residents,” said Gray Swoope, Mississippi Development Authority (MDA) executive director.
MDA worked closely with company and local officials to help facilitate the project, providing funding to the city for renovations to the publicly-owned building occupied by the company.
“This expansion will allow the Tupelo plant to further increase its ability to manufacture more complex tire designs and meet the growing demand for Cooper tires, as well as address issues related to flexibility and self-sufficiency,” said Pat Jodon, plant manager of Cooper Tire’s Tupelo facility.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info