Press Releases

Date Title and Summary View
Toggle Summary Cooper Standard Licenses Fortrex™ Material Science Platform to Global Material Formulator
NOVI, Mich. , Dec. 11, 2018 /PRNewswire/ -- Cooper Standard (NYSE: CPS) has licensed its proprietary Fortrex™ material platform to PolyOne Corp. , a provider of specialized polymer materials, services and solutions. With its extensive commercial resources, customer base and materials science
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Toggle Summary Cooper Standard to Divest Anti-Vibration Systems Business
NOVI, Mich. , Nov. 2, 2018 /PRNewswire/ -- Cooper Standard (NYSE: CPS) today announced that the Company has reached an agreement regarding the divestiture of its anti-vibration systems (AVS) business to Continental AG . The agreement includes a binding offer from Continental AG to purchase
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Toggle Summary Cooper Standard Reports Third Quarter Results and Announces Significant Progress on Several Strategic Initiatives
NOVI, Mich. , Nov. 1, 2018 /PRNewswire/ --  Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the third quarter 2018. Summary Sales totaled $861.7 million Net income of $32.2 million or $1.77 per diluted share Adjusted EBITDA of $69.6 million or 8.1 percent of sales Adjusted net
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Toggle Summary Cooper Standard Named 2019 Automotive News PACE Award Finalist for Artificial Intelligence Material Development Software
NOVI, Mich. , Oct. 17, 2018 /PRNewswire/ -- Cooper Standard (NYSE: CPS) today announced the Company was named as a finalist for the 2019 Automotive News PACE Awards for its proprietary artificial intelligence (AI)-based polymer compound development software.
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Toggle Summary Cooper Standard to Host Conference Call on November 2 to Discuss Third Quarter 2018 Financial Results
NOVI, Mich. , Oct. 9, 2018 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) will hold a conference call on Friday, November 2 at 9 a.m. ET . The Company's Chairman and Chief Executive Officer Jeffrey Edwards and Chief Financial Officer Jonathan Banas will discuss Cooper Standard's third
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Toggle Summary Cooper Standard Names Corrent to Vice President, Strategy and M&A
NOVI, Mich. , Oct. 5, 2018 /PRNewswire/ -- Cooper Standard (NYSE: CPS) today announced the appointment of Gabrielle Corrent to vice president, strategy and M&A (mergers and acquisitions) effective October 1 . Based at the Company's world headquarters in Novi, Mich.
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Toggle Summary Cooper Standard Celebrates Manufacturing Day
NOVI, Mich. , Oct. 1, 2018 /PRNewswire/ -- To celebrate and foster the next generation manufacturing workforce, 16 Cooper Standard (NYSE: CPS) facilities are hosting events to celebrate Manufacturing Day. As a national Sponsor and event host, Cooper Standard will open its doors to its local
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Toggle Summary Cooper Standard Opens New Japan Headquarters and Engineering Center
NOVI, Mich. , Sept. 4, 2018 /PRNewswire/ -- Cooper Standard (NYSE: CPS) today announced the opening of its new Japan headquarters and engineering center in Yokohama . Relocated from its previous location in Osaki, the approximately 5,400-square-foot (502.5-square-meters) facility currently employs
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Toggle Summary Cooper Standard to Present at the 2018 J.P. Morgan Auto Conference
NOVI, Mich. , Aug. 3, 2018 /PRNewswire/ --  Cooper-Standard Holdings Inc. (NYSE: CPS) will present at the 2018 J.P. Morgan Auto Conference on Thursday, Aug. 9 in New York City. The conference, which provides investors the opportunity to gain insight into a select group of automotive companies, will
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Toggle Summary Cooper Standard Reports Second Quarter Results
NOVI, Mich. , July 31, 2018 /PRNewswire/ --  Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the second quarter 2018. Second Quarter 2018 Highlights Sales increased 2.1 percent to $928.3 million Net income of $41.9 million or $2.28 per diluted share Adjusted EBITDA of $107.9
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