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The Akron-based tiremaker announced a plan Monday to acquire Cooper Tire, based in Findlay, Ohio. The combined company would have 56 factories and more than 70,000 employees.
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The J.M. Smucker Company is planning layoffs which will be detailed during Thursday’s investor call; Akron Public Schools is moving up its reopening schedule by one week; Rocket Mortgage gets state tax credits to create jobs in Cleveland; and more stories.
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Two Ohio tire companies will become one under a plan by Akron-based Goodyear to acquire Findlay-based Cooper Tire in a deal valued at $2.5 billion.