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Deal may spare Cooper Tire’s Ohio plant

Cooper Tire & Rubber Co., currently considering closing one of its four U.S. plants, has reached a tentative agreement with union workers that could keep its plant in Findlay, Ohio, open for at least the next three years.

Gov. Mike Beebe said Wednesday that Arkansas has offered an incentives package to Cooper to keep its plant in Texarkana open, though he would not say how much the offer was worth. Texas has contributed to the package because many of the plant’s employees live in that state, Beebe said.

Mississippi has offered Cooper $30 million in incentives to keep the company’s plant in Tupelo open. Georgia officials have not revealed details of an incentives package they offered to save Cooper’s plant in Albany from closure.

Findlay is home to Cooper’s headquarters. Beebe said Wednesday he believed the choice for closure was between the plants in Arkansas and Georgia.

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