Cooper Tire & Rubber announced on the 3rd that its stake in its subsidiary Coobo Big Tire (Kunshan) Co., Ltd. will increase from 50% to 100%. The increase in shareholding investment amounted to US$116.5 million, and it is expected to be completed through a wholly-owned subsidiary on March 15, 2011. The subsidiary's finances have been incorporated into Cooper Tire & Rubber's global financial statements. After the completion of the self-delivery, the subsidiary will be renamed to Cooper Tire (Kunshan) Co., Ltd. with the approval of the government. The subsidiary currently produces a wide range of passenger car and light truck tires sold in North America and Europe and will also be sold to the Chinese domestic market in the future. New Energy Power Supply Ningbo Tuofeng Outdoor Products Co., Ltd. , https://www.tuofengoutdoor.com