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Cooper Standard

CPSConsumer Discretionary· Northville, Michigan, United States
LAYOFFS TRACKED
1
LAST EVENT
MARKET CAP
$471.59M
as of Aug 26, 2026
EMPLOYEES
9,900

Cooper-Standard Holdings Inc. designs, manufactures and sells elastomer and fluid transfer systems and components for the automotive industry. The company supplies sealing systems, fuel and brake lines, and other engineered components to global vehicle OEMs and aftermarket customers.

Layoff timeline

1 EVENT
Dec 15, 2025WARN notice
New Lexington, OH

Cooper Standard announced the planned closure of its New Lexington, Ohio plant and a resulting workforce reduction affecting 228 employees. The company filed a WARN notice citing ongoing analysis of plant utilization and efforts to optimize its manufacturing footprint and operating efficiency. Separations are scheduled to begin Feb. 6, 2026, and the facility is slated to permanently close on July 1, 2027; union members with UAW Local 1686 will be notified at least 60 days before their last day. Hourly and salaried employees may be offered transfers to other facilities if feasible and if they meet eligibility requirements. The announcement frames the layoffs as part of operational optimization rather than an immediate termination action.

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