Cooper tires

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Cooper tires

  1. 1. This Saturday February 25 from 9am to 10:30am the United SteelWorkers will be holding actions at two (Big O) stores in the Denver metro area. Enclosed in this email is a copy of a flyer to be distributed. They are asking for solidarity on their event. The following are the locations and contact information. BIG O TIRES 7500 NORTH PECOS DENVER 80221 Contact: Doug Fennell will be the contactperson (303) 775-0597 Sat. Feb. 25BIG O TIRES 4695 PEORIA ST DENVER 80239 Contact: Rod Crow will be the contact person(303) 720-5622 9:30 Sat. Feb.25  Below is more information about the need for action.  CORPORATE GREED When Cooper Tire hit hard times, USW Local 207L members in Findlay, Ohio sacrificed: $31.2 million of concessions in the 2008 contract negotiations. Taxpayers in the City of Findlay and the State of Ohio also stepped up with grants and abatements: The state alone has provided Cooper Tire with $2.5 million in subsidies since 2009. Since January 1, 2009, however, Cooper Tire has made $448 Million dollars in Operating Profits and posted an income (before taxes) of $360 million. Executives have rewarded themselves handsomely: Its top five executives in 2010 took home more than $9.5 million and bought themselves a shiny, new corporate jet. In addition, two wage increases and double bonuses were given to management personnel. And what about the workers, the men and women, who build the tires? The members of USW 207L wanted to continue working while negotiating a fair contract. Instead the company locked them out and is now replacing its highly‐skilled workforce with out‐of‐state workers with who‐knows‐what kind of expertise. TELL COOPER TIRE: THIS IS FLAT‐OUT WRONG www.stopcoopertire.org  Hope to see you out this weekend in support of these workers.  
  2. 2. CORPORATE GREEDAT COOPER TIREFLAT OUTWRONG!When Cooper Tire hit hard times, USW Local 207L members in Findlay, Ohio sacrificed: $31.2 million of concessions in the 2008 contract negotiations.Taxpayers in the City of Findlay and the State of Ohio also stepped up with grants and abatements: The state alone has provided Cooper Tire with $2.5 million in subsidies since 2009.Since January 1, 2009, however, Cooper Tire has made $448 Million dollars in Operating Profits andposted an income (before taxes) of $360 million.Executives have rewarded themselves handsomely: Its top five executives in 2010 took home more than $9.5 million and bought themselves a shiny, new corporate jet. In addition, two wage increases and double bonuses were given to management personnel.And what about the workers, the men and women, who build the tires? The members of USW 207L wanted to continue working while negotiating a fair contract.Instead the company locked them out and is now replacing its highly-skilled workforce without-of-state workers with who-knows-what kind of expertise. TELL COOPER TIRE: THIS IS FLAT-OUT WRONG This handbill is being distributed for informational purposes only. By this action, USW is not asking anyone to engage in a work stoppage, to cease performing services, or to refuse to pick up, deliver, handle or transport any goods. www.stopcoopertire.org
  3. 3. $300 MILLION REASONSFOR COOPER TIRE TOBARGAIN FAIRLYFrom 2009 through September 30, 2011, Cooper Tire has posted an operating profit of $448 million and an income (before taxes) of $360 million. SUPPORT END THE 207L LOCKOUT

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