Continental will build a tire plant in the U.S.

Posted on April 28, 2011

Continental AG plans to build a consumer tire manufacturing plant in the United States.

At the company's annual shareholders' meeting on April 28, 2011, executive board Chairman Dr. Elmar Degenhart told shareholders that the planned plant will help cover rising tire demand in North America.

"These plans are further proof for the depth of the turnaround that the Passenger and Light Truck Tires Division has achieved in the Americas region by means of determination and perseverance.

"Back at the beginning of the new millenium, the passenger and light truck tire business incurred massive losses in the region. Today, it is profitable, and at the same time, a growth area.

"This is due to the division's impressive management performance and the dedicated teams in the Americas," he said. "And the investments we are planning demonstrate that we are convinced of more success!"

A site selection committee has been formed, and is in the early stages of analyzing possible sites. Continental tentatively hopes to have a site selected by the end of the third quarter of this year.

In North America, Continental, through its Continental Tire the Americas LLC subsidiary, manufactures tires in Mount Vernon, Ill., and San Luis Potosi, Mexico.

The Mount Vernon plant has the capacity to produce 40,500 tires a day, according to the 2011 Modern Tire Dealer Facts Issue. Here is a breakdown of the tire capacity:

Passenger: 28,000 a day.

Light truck: 8,000 a day.

Truck: 4,500 a day.

The Mexican plant can produce 20,000 passenger (15,000) and light truck (5,000) tires a day. Continental also produces truck tires in conjunction with Yokohama Tire Corp. at their GTY plant, which is also located in Mount Vernon.

Related Topics: Elmar Degenhart, Facts Issue, plant capacity, Plants

Comments ( 0 )
More Stories
News MORE Tire Data! Fitment Group Merges with Size It Up

Two of the largest providers of tire and wheel fitment data have merged. The Fitment Group and Size It Up will operate under the Fitment Group brand and will based out of the corporate office in Duluth, Minn.

The new Meineke store in Mobile, Ala., is Driven Brand's second Meineke franchise in the south Alabama market.
News Meineke Adds Stores in Three Cities

Meineke Car Care Centers LLC has opened outlets in Mobile, Ala., Philadelphia, Pa., and Virginia Beach, Va.

News TIA Takes Its Certified ATS Training on Tour in 2018

The 2018 Automotive Tire Service (ATS) Advanced Instructor Training Tour will begin in February. Sponsored by the Tire Industry Association (TIA), most of the four-day, hands-on training classes will be held at local community and technical colleges.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!