US - Cooper Tire & Rubber Co. has reached an agreement with the Pension Benefit Guaranty Corporation that sees the company pouring US$39m into the retirement plan of employees at a shuttered plant, the PBGC said yesterday.
Cooper has agreed to make the contribution to the Spectrum Retirement Plan, which with the waiver of a $23m carryover balance it could have claimed from a previous overfunding, will strengthen the ...
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