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Michelin built its first rail car in 1929, and by 1932 had built a fleet of nine cars that all featured innovative and distinctive pneumatic tires. In September 1931, an agreement signed between the two companies allowed Budd to use the new rubber rail tires on its shot-welded , stainless-steel carbodies, and at the same time allowed Michelin ...
[15] [16] The newly established company, which has disintegrated from the Trayal Corporation, was named "Cooper Tire & Rubber Company Serbia" d.o.o. [16] As of 2016, it has around 740 employees and annual revenue of $76 million. An Indian company named Apollo Tyres agreed to buy Cooper Tires for $2.5 billion on June 12, 2013.
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