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Another big business buyout. What does it mean? #7192412
02/22/21 04:01 PM
02/22/21 04:01 PM

B
bleeohio OP
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bleeohio OP
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Cooper tire here in nw Ohio (Findlay) just told their workers today that they've been bought out by Goodyear. For all of you stock watchers, it may be a good time to bail or buy. Dunno.
I have a lot of friends that have worked there since high school that are worried saying Goodyear has plants already shut down?

Re: Another big business buyout. What does it mean? [Re: ] #7192422
02/22/21 04:23 PM
02/22/21 04:23 PM
Joined: Dec 2006
Posts: 8,168
Piney va. soon be 19
cotton Offline
trapper
cotton  Offline
trapper

Joined: Dec 2006
Posts: 8,168
Piney va. soon be 19
Dang i like my Cooper tires, wonder if they will keep making them.


John 3/16

ifin your gonna be dumb ya gotta be tough
VTA life member

Re: Another big business buyout. What does it mean? [Re: ] #7192425
02/22/21 04:26 PM
02/22/21 04:26 PM
Joined: Dec 2006
Posts: 15,697
MN, Land of 10,000 Lakes
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Trapper7 Offline
trapper
Trapper7  Offline
trapper
T

Joined: Dec 2006
Posts: 15,697
MN, Land of 10,000 Lakes
I've run a Cooper tires in the past. A good tire. Be a shame if they stopped making them.


We are told not to judge all Muslims by the actions of a few lunatics, but are told to judge all gunowners by the actions of a few.
Re: Another big business buyout. What does it mean? [Re: ] #7192431
02/22/21 04:32 PM
02/22/21 04:32 PM
Joined: Nov 2015
Posts: 16,951
OH
Catch22 Offline
trapper
Catch22  Offline
trapper

Joined: Nov 2015
Posts: 16,951
OH


I wonder if tap dancers walk into a room, look at the floor, and think, I'd tap that. I wonder about things.....
Re: Another big business buyout. What does it mean? [Re: ] #7192438
02/22/21 04:40 PM
02/22/21 04:40 PM
Joined: May 2008
Posts: 926
NW Oklahoma
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Okie Farmer Offline
trapper
Okie Farmer  Offline
trapper
O

Joined: May 2008
Posts: 926
NW Oklahoma
Cooper tires have been declining in quality they'll fit right in with Good Year.

Re: Another big business buyout. What does it mean? [Re: ] #7192439
02/22/21 04:41 PM
02/22/21 04:41 PM
Joined: Mar 2007
Posts: 35,169
McGrath, AK
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white17 Offline

"General (Mr.Sunshine) Washington"
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"General (Mr.Sunshine) Washington"
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Joined: Mar 2007
Posts: 35,169
McGrath, AK
Might be several reasons. 1. car manufacturers have shut down quite a bit of production so demand for tires may be down somewhat. 2. Companies in similar lines of business can combine operations and eliminate the expenses where their operations overlap. Reducing overhead and making the combined entity more profitable. 3. Eliminates some competition and thus increases market share for the remaining entity.

I suspect they will still make the same named brands that were available before.


Goodyear has been losing a lot of money for a while but Cooper has been earning money . It makes sense that GT would want to buy CTB in an attempt to turn things around


Mean As Nails
Re: Another big business buyout. What does it mean? [Re: ] #7192440
02/22/21 04:42 PM
02/22/21 04:42 PM
Joined: Nov 2011
Posts: 2,848
Mn
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Whopper Stopper Offline
trapper
Whopper Stopper  Offline
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W

Joined: Nov 2011
Posts: 2,848
Mn
I have bought 3 sets of Coopers. Good tires

WS

Re: Another big business buyout. What does it mean? [Re: ] #7192460
02/22/21 05:06 PM
02/22/21 05:06 PM
Joined: Jan 2007
Posts: 25,600
Georgia
warrior Offline
trapper
warrior  Offline
trapper

Joined: Jan 2007
Posts: 25,600
Georgia
Creative destruction works.


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Re: Another big business buyout. What does it mean? [Re: ] #7192461
02/22/21 05:06 PM
02/22/21 05:06 PM
Joined: Apr 2012
Posts: 2,960
new york
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mike mason Offline
trapper
mike mason  Offline
trapper
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Joined: Apr 2012
Posts: 2,960
new york
Always purchased Coopers, no more, GY is anti conservative.

Re: Another big business buyout. What does it mean? [Re: ] #7192507
02/22/21 06:07 PM
02/22/21 06:07 PM
Joined: Dec 2006
Posts: 2,118
Lufkin, Tx.
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Lufkin Trapper Offline
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Lufkin Trapper  Offline
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Joined: Dec 2006
Posts: 2,118
Lufkin, Tx.
Always liked the non-directional mud grips.


Billy
Member # 16.
Re: Another big business buyout. What does it mean? [Re: ] #7192539
02/22/21 06:45 PM
02/22/21 06:45 PM
Joined: Sep 2010
Posts: 6,588
NC, Orange Co.
QuietButDeadly Offline
trapper
QuietButDeadly  Offline
trapper

Joined: Sep 2010
Posts: 6,588
NC, Orange Co.
Cooper may be OK tires now but Goodyear will make sure they do not stay that way. They will drag them down to their level just like Bass Pro did to Cabelas.


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Re: Another big business buyout. What does it mean? [Re: ] #7192648
02/22/21 08:24 PM
02/22/21 08:24 PM
Joined: Aug 2010
Posts: 10,827
Asheville, NC
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charles Offline
trapper
charles  Offline
trapper
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Joined: Aug 2010
Posts: 10,827
Asheville, NC
Capitalism.

Re: Another big business buyout. What does it mean? [Re: ] #7192661
02/22/21 08:35 PM
02/22/21 08:35 PM
Joined: Jan 2014
Posts: 17,740
Central Oregon
AntiGov Offline
trapper
AntiGov  Offline
trapper

Joined: Jan 2014
Posts: 17,740
Central Oregon
I'll never own Good Year tires , and now Cooper will be on that list


Report a post club - Non member


Re: Another big business buyout. What does it mean? [Re: ] #7192662
02/22/21 08:35 PM
02/22/21 08:35 PM
Joined: Dec 2006
Posts: 2,207
AR
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TurkeyWrangler Offline
trapper
TurkeyWrangler  Offline
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Joined: Dec 2006
Posts: 2,207
AR
Also Tractor Supply is buying Orscheln Farm and Home. Have both around here and Orscheln seems to have better quality. TSC is just china mart with feed.


Poor people have poor ways.
Re: Another big business buyout. What does it mean? [Re: ] #7192672
02/22/21 08:43 PM
02/22/21 08:43 PM
Joined: Oct 2009
Posts: 867
Indiana
cattails Offline
trapper
cattails  Offline
trapper

Joined: Oct 2009
Posts: 867
Indiana

Cooper on my trucks and carlisle tires on my trailers.

Re: Another big business buyout. What does it mean? [Re: ] #7192737
02/22/21 09:17 PM
02/22/21 09:17 PM
Joined: Dec 2014
Posts: 2,466
Tug Hill, NY
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Squash Offline
trapper
Squash  Offline
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Joined: Dec 2014
Posts: 2,466
Tug Hill, NY
Say good bye to an American made tire. Cooper will probably be made in China now ?

Re: Another big business buyout. What does it mean? [Re: ] #7193000
02/23/21 02:04 AM
02/23/21 02:04 AM
Joined: Dec 2020
Posts: 1,713
Wisconsin
Scott__aR Offline
trapper
Scott__aR  Offline
trapper

Joined: Dec 2020
Posts: 1,713
Wisconsin
Now will have to look for a new tire. 4th set of Coopers! GY will never be able to make as good a tire as Coopers and at their price point. cry

Last edited by Scott__aR; 02/23/21 02:05 AM.

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Re: Another big business buyout. What does it mean? [Re: ] #7193002
02/23/21 02:14 AM
02/23/21 02:14 AM
Joined: Jan 2014
Posts: 21,059
North East Kansas
Marty Offline
trapper
Marty  Offline
trapper

Joined: Jan 2014
Posts: 21,059
North East Kansas
the vid has helped business consolidate into less small and more big.....


E
'Honey Badger Militia'
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