News from Notch Consulting, Inc.

January 27, 2012

Cooper, union reach agreement at Texarkana

Filed under: Tires — Notch @ 6:36 am

On Thursday, Cooper Tire & Rubber announced that United Steelworkers Local 752L overwhelmingly ratified a new four-year labor agreement at the Company’s Texarkana, Ark., plant. The agreement, which affects approximately 1,500 union members, received a 1,006 to 141 endorsement as reported shortly after voting concluded at 9:00 p.m. EST.

Representatives from both the company and the Union expressed their appreciation for the high level of professionalism and efficiency that extended beyond the negotiating teams to the entire workforce at the Texarkana plant. The parties are equally consistent in their optimism for the future of the Texarkana facility and the ability of the plant employees to be even more productive under the terms of the new contract. In addition to wage and benefit changes which will be implemented over the course of the four-year accord, the company plans additional investment in the plant, which was applauded by both salaried and hourly employees.

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