Press Releases

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Toggle Summary Cooper Standard Appoints Three New Members to Board of Directors
NORTHVILLE, Mich. , May 22, 2020 /PRNewswire/ -- Cooper Standard (NYSE: CPS) today announced the appointment of three new members to its board of directors: John G. Boss ; Richard J. Freeland ; and Adriana E. Macouzet-Flores . "We're pleased to welcome John, Richard and Adriana to our board of
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Toggle Summary Cooper Standard Announces Pricing of $250 Million of Senior Secured Notes
NORTHVILLE, Mich. , May 21, 2020 /PRNewswire/ --  Cooper-Standard Holdings Inc. (NYSE: CPS) (" Cooper Standard ," "Company" or "we") today announced the pricing of the private offering by its wholly-owned subsidiary, Cooper-Standard Automotive Inc. (the "Issuer"), of $250.0 million in aggregate
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Toggle Summary Cooper Standard Issues Corporate Responsibility Report
NORTHVILLE, Mich. , May 20, 2020 /PRNewswire/ -- Cooper Standard (NYSE: CPS) today issued its 2019 Corporate Responsibility Report (CRR), titled "Delivering Sustained Value for All Our Stakeholders," offering key insight on the topics considered important by the Company's stakeholders.
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Toggle Summary Cooper Standard Announces Proposed Private Offering of $250 Million of Senior Secured Notes
NORTHVILLE, Mich. , May 19, 2020 /PRNewswire/ --  Cooper-Standard Holdings Inc.  (NYSE: CPS) (" Cooper Standard ," "Company" or "we") today announced that its wholly-owned subsidiary, Cooper-Standard Automotive Inc. (the "Issuer"), intends, subject to market and other customary conditions, to
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Toggle Summary Cooper Standard Reports First Quarter Results
NORTHVILLE, Mich. , May 11, 2020 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the first quarter 2020. First Quarter 2020 Summary Sales totaled $654.9 million Net loss of $110.6 million or $(6.55) per diluted share Adjusted EBITDA of $8.3 million or 1.3
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Toggle Summary Cooper Standard Agrees to Divest Certain Operations in Europe and India
NORTHVILLE, Mich. , May 8, 2020 /PRNewswire/ -- Cooper-Standard Holdings Inc. (NYSE: CPS), a leading global supplier of sealing, fuel and brake, and fluid transfer systems for transportation and industrial markets, today announced it has signed an agreement to divest its European rubber fluid
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Toggle Summary Cooper Standard Names Zabriskie Vice President, Global Tax & Treasurer
NORTHVILLE, Mich. , May 6, 2020 /PRNewswire/ -- Cooper Standard (NYSE:CPS) today announced the appointment of James C. Zabriskie to vice president, global tax and treasurer, effective May 6 . Based at the Company's world headquarters in Northville, Mich.
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Toggle Summary Cooper Standard Announces Preliminary First Quarter 2020 Results; Evaluating Opportunities to Further Strengthen Balance Sheet
NORTHVILLE, Mich. , April 30, 2020 /PRNewswire/ --  Cooper-Standard Holdings Inc. (NYSE: CPS), a leading global supplier of sealing, fuel and brake and fluid transfer systems for transportation and industrial markets, today reported certain preliminary financial results for the quarter ended March
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Toggle Summary Cooper Standard Provides Update on Financial Liquidity, Announces Date and Details for First Quarter Conference Call
NORTHVILLE, Mich. , April 23, 2020 /PRNewswire/ --  Cooper-Standard Holdings Inc. (NYSE: CPS), a leading global supplier of sealing, fuel and brake and fluid transfer systems for transportation and industrial markets, today provided an update on its liquidity and announced the dates and details for
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Toggle Summary Cooper Standard Further Enhances Financial Liquidity with Renewal of Revolving Credit and European Factoring Facilities
NORTHVILLE, Mich. , March 26, 2020 /PRNewswire/ -- Cooper Standard (NYSE: CPS) announced today that it has further enhanced its financial liquidity position through the renewal of its asset-based revolving credit ("ABL") facility and its European receivables factoring facility.  The ABL facility,
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