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Continental cuts Mayfield production

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Continental Tire North America Inc. (CTNA) will reduce production at its Mayfield, Ky., plant from 10,900 tires a day to 7,300 tires a day, effective July 2004.

Nearly 200 jobs at the Mayfield factory will be eliminated as part of the cutback.

"Continental has a solid work force in Mayfield, so this was not an easy decision," says CTNA CEO and President Martin de Louw.

"We must remain cost-competitive in our industry and to this end, continually evaluate all of our production facilities."

The Mayfield plant is CTNA's highest-cost manufacturing facility, adds de Louw.

The factory, which was opened in 1961, produces passenger and light truck tires.

CTNA has three other manufacturing facilities in Bryan, Ohio; Charlotte, N.C.; and Mount Vernon, Ill.

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