YRC Incentives Trigger Plea for Cooper Help

While Mississippi legislators were busy considering and approving a financial incentive package to support Yokohama Rubber Co.’s plans to build a tire plant in that state, some lawmakers tried to take care of the state’s original tire resident.

Rep. Steve Holland (D-Plantersville) and Brian Aldridge (R-Tupelo) tried unsuccessfully to amend the incentive bill to add some of the same incentives to help the Cooper Tire & Rubber Co. in Tupelo.

House Ways and Means Chairman Jeff Smith (R-Columbus) suggested the House take up the matter at a later date when they had a better understanding of “Cooper’s needs,” according to reports.

Cooper’s plant in Tupelo employs some 1,600, and the two legislators attempted to land sales tax exemptions on equipment purchases for Cooper.