FINDLAY, Ohio (AP) — Cooper Tire & Rubber Co. is reviving plans to build a new technology center at its Findlay headquarters.
The tire maker plans to put $40 million into the project over the next five years.
The project had been announced last year, but it was put on hold by Cooper’s merger with Apollo Tyres that later fell through.
The Courier newspaper in Findlay reports Cooper Chief Executive Roy Armes has announced that plans for the new research center are now back on.
The company plans to hire about 40 people, including include engineers, scientists, and technicians.
The company is receiving a $2.8 million state grant for the project.