Continental reportedly plans to sell Bryan, Ohio, plant
Continental AG reportedly plans to sell its Bryan, Ohio, OTR tire manufacturing plant, according to a Reuters report out of Germany. Details have yet to be released.
Modern Tire Dealer's 2005 Facts Issue estimates the Bryan plant has the capacity to produce 300 off-the-road tires per day.
Last October, Continental sold its worldwide farm tire division to Ceska Gumarenska Spolecnost (CGS). As part of the acquisition, the Czech Republic-based company produces and trades Continental, Semperit, Barum and Euzkadi farm tires.
CGS Tires U.S., based in Charlotte, N.C., oversees the Continental farm tire program in North America. Formerly Mitas U.S. Inc., CGS Tires U.S. is manned by President Dennis Vavrik.
The farm tire acquisition was part of CGS' announced plan to intensify its focus on the off-road tire segment -- and Continental's plan to focus on its core tire businesses.