Tuesday, August 23, 2011 Cooper Tire Awarded $1.5 Million Grant
 Cooper Tire & Rubber Company announced August 19 that the U.S. Department of Energy's (DOE) Office of Energy Efficiency and Renewable Energy has awarded the company $1.5 million for the development of advanced fuel efficiency technologies during the next three years.
The grant was one of only five awarded by the DOE in the Fleet Efficiency category, and calls for development of an ultra lightweight tire that delivers a minimum of 3 percent improvement in vehicle fuel efficiency.
Cooper will use this funding to accelerate the development and refinement of innovative tire design, construction, materials and reinforcement technologies focused on the replacement tire market. The grant will allow the company to further enhance its technical capabilities and product offerings.
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