Cooper Tire & Rubber (CTB -1.1%) says that it reached agreement on a new contract with...

|About: Cooper Tire & Rubber Co. (CTB)|By:, SA News Editor

Cooper Tire & Rubber (CTB -1.1%) says that it reached agreement on a new contract with steelworkers in Ohio, ending a prolonged 3-month plant slowdown that cost the company millions of dollars in lost production. Workers are expected to be back on the job by the end of the week. (previous: Arkansas union settlement)