Continental to invest $129 Million for expansion of US-Tire Pplant in Mount Vernon, Illinois

摘要

The international tire producer and automotive supplier Continental plans to invest $ 129 million to expand its Mount Vernon, Illinois (USA) tire facility. The driving forces behind this investment are an increased demand for Continental and General brand tires, the need for better complexity management in the plant and emerging technologies in tire production. The investment is defined in three segments and supports Continental's comprehensive growth strategy for its tire operations worldwide. "Continental Tire the Americas continues to grow its business in the U.S. and across the Americas," said Dr. Jochen Etzel, Chief Executive Officer, Continental Tire the Americas. "This investment will support our efforts to provide an outstanding line-up of passenger, light truck and commercial vehicle tires for our customers."