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Cooper is investing $55m in Serbia plant expansion

Cooper Tire Serbia, a subsidiary of the Cooper Tire & Rubber Company, has announced that construction is underway to enable an increase in production capacity at its Kruševac tyre manufacturing plant.

The company hopes that the investment will allow it to produce new, larger diameter tyres for European and other markets. It plans to increase annual production capacity at the Kruševac plant by about one-third when the expansion is completed later this yea. Cooper has also put in place plans that will allowing for a further doubling of capacity in the future.

The facility will manufacture light truck tyres, including 4×4 yres, and large diameter tyres up to 22in in addition to the passenger car and sport utility vehicle (SUV) tires it currently produces.