' Cooper Standard – Accelerating Growth in Key Industrial Markets

Cooper Standard is accelerating growth to bring material science innovations to non-automotive and adjacent markets through several key initiatives.Fortrex™, Cooper Standard’s dynamic material platform can be modified for a wide range of applications and performance solutions within automotive and adjacent markets. In November 2018, Cooper Standard announced a license agreement with a PolyOne, a provider of specialized polymer material, services and solutions for this innovative class of materials. Fortrex™ technology is expected to expand into a broad range of products and industries through the licensee's network of customers and provide a stream of royalty income based on the licensee's sales of Fortrex™ product to its customers. Learn more.Additionally, the Company acquired Lauren Manufacturing and Lauren Plastics in 2018 to expand Cooper Standard’s Industrial and Specialty Group’s (ISG) sealing product line in key segments, including: building and construction; containers and enclosures; distribution and aftermarket; as well as specialized products for the automotive and transportation markets. This significant opportunity has established a dedicated ISG manufacturing footprint and platform expansion for Fortrex™ applications. Learn more.