LITTLE ROCK, Ark. (AP) - Union members at the Cooper Tire and Rubber Co. factory in Texarkana voted overwhelmingly today to approve a three-year contract that will help the company control costs. Findlay, Ohio-based Cooper Tire is evaluating its four U.S. plants and says one will close.
Workers at the Texarkana plant have approved a contract that will freeze wages and make other concessions in the hope of keeping the plant open. The vote was 84 percent in favor and 16 percent opposed.
Members of the United Steelworkers Local 752L agreed during a two-hour meeting on Friday to put the proposal to a vote. Plants at Findlay; Albany, Ga.; and Tupelo, Miss. are competing to stay open.
Union workers at Findlay have agreed to a pay cut to help bring costs down. The company is to announce its decision Jan. 19.