Cooper Tire & Rubber Co. (NYSE: CTB), Findlay, OH, reported sales for 2016 of $2.9 billion, down 1.6 percent from 2015. Profit increased 16.7 percent to $248.4 million.
The company reported sales for the fourth quarter of $783.9 million, up 1.1 percent compared to the same quarter a year ago. Profit increased 17 percent to $69.3 million.