/ News, Other / Continental Expands the Mount Vernon Tire Plant

Continental Expands the Mount Vernon Tire Plant

Linked In Share
Continental Expands the Mount Vernon Tire Plant

Continental Tire of the Americas plans to expand the Mount Vernon plant investing $129 million and adding 100 new full-time jobs in the following three years.

The company said that the move is necessary due to increased demand for Continental and General tires. Vice President of Manufacturing Benny Harmse said that $95 million will be used for the expansion the commercial vehicle tire production and the rest of $34 million will be invested to upgrade the equipment and expand the warehouse.

Since 2006 Continental has invested more than $600 million to expand and upgrade the Mount Vernon facility. The plant currently employs 3,200 workers and manufactures more than 14 million tires annually. The CVT expansion, which is expected to be completed by mid-2015, will increase production with over 3 million truck tires and add around 100 jobs.

“With the investment in the Mount Vernon CVT production area, we are adding volume to support the current market, enhancing our capabilities for advanced technologies and increasing our ability to anticipate the market demands of the future,” Continental’s Paul Williams said. “This investment is further commitment to Continental’s strategy for growth in the Americas.”

by Ana Cezara Savin (my Google+) - Tuesday, January 29th, 2013 - filed under News, Other. Image credit: .
Linked In Share
Related Articles
continental expansion mount vernon tire production


Discuss: Continental Expands the Mount Vernon Tire Plant

2 Responses to “Continental Expands the Mount Vernon Tire Plant”

  1. Susan Carter says:

    What great news for Mount Vernon – so many new jobs and to meet a market that is already there – a very smart move by Continental. Having just restructured their loans, it's great to see the funds being used wisely. Rather interesting though – I am from the UK and keep a close watch on Europe with my job – I have noticed that Continental and it's largest shareholder The Schaeffler Group seem to be following very similar expansion plans. Schaeffler is expanding it's plant in Cheraw, SC and they are both opening up production plants in Russia – Schaeffler for the first time although they've been there since 1997. Continental is also opening a factory in Hungary whereas Schaeffler is expanding it's existing plant to the tune of an extra 700 jobs. All good news for the auto industry as the cheaper overheads and labour costs will hopefully result in more competitively priced parts. I'm sure they are both looking out for the next emerging market.

  2. @pip1306 says:

    I rather think the Continental is following Schaefflers expansion plans not the other way round. In the end it was Schaeffler, who brought Continental back to life.

Leave a Reply


















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

2015 BMW X6M Spied at Nurburgring [Video]
2015 BMW X6M Spied at Nurburgring [Video]The upcoming BMW X6M, codenamed F16 is expected to debut this summer - but until then the impressive crossover was spied while ...
Red Bull quit rumours ‘nonsense’ – Marko
Red Bull quit rumours ‘nonsense’ – MarkoApr.11 (GMM/Inautonews.com) Dr Helmut Marko on Friday rubbished speculation suggesting Red Bull could quit formula ...
Montezemolo hints Ferrari ‘decisions’ looming
Montezemolo hints Ferrari ‘decisions’ loomingApr.11 (GMM/Inautonews.com) La Gazzetta dello Sport, the influential Italian sports daily, speculated on Friday that Ferrari ...
Check out the rumble: Koenigsegg One:1 exhaust startup  sounds great
Check out the rumble: Koenigsegg One:1 exhaust startup sounds greatKoenigsegg is among those small manufacturers who manage to survive in the supercar stratosphere. And we – as petrol heads – ...
Brand new Mercedes-Benz S Class totaled in fire
Brand new Mercedes-Benz S Class totaled in fireWell, the competition in the luxury segment is usually heated, but we’re unsure if Mercedes will appreciate the fact that one ...
Ford Transit Skyliner Takes the Van Concept to the Highest Level
Ford Transit Skyliner Takes the Van Concept to the Highest LevelBasically the Ford Transit is a practical van for small businesses, but the new concept unveiled at the Galpin Auto Sports shows ...
This could be the 2014 Hyundai ix25
This could be the 2014 Hyundai ix25While the small crossover is only days away from its official public debut, set on April 20 at the Beijing Motor Show in China, ...
Volkswagen’s Group Sales Up 5.8% During First Quarter
Volkswagen’s Group Sales Up 5.8% During First QuarterDuring the first quarter German automaker Volkswagen Ag sold 2.40 million vehicles, up 5.8% compared to the same period last ...
Firefighters don’t let a BMW stand in their way
Firefighters don’t let a BMW stand in their wayWhile such scenes are less frequent in Europe, where the firefighters have other ways of getting the water supply in case of a ...
Breaking: 10 people dead after FedEx truck crashes into school bus – Video
Breaking: 10 people dead after FedEx truck crashes into school bus – VideoAs many as 10 people died on Thursday when a tractor-trailer from FedEx slammed into a bus carrying Los Angeles area high school ...
See the recalls of 2014
See the recalls of 2014While we live in the age of technology, where anything in our life seems to have a processor, we would be inclined to say our ...
[Video] Watch an astonishing paper-made Formula 1 car
[Video] Watch an astonishing paper-made Formula 1 carWhile usually we don’t say that when our job is to write, but this time around the story we’re telling you is hollow with ...
Brits say Italy’s driving the worse
Brits say Italy’s driving the worseAccording to a new study, British drivers say Italy’s road network and its drivers as the most dangerous. Well, they might have ...
Dacia unveils special edition Dokker Emblème in France
Dacia unveils special edition Dokker Emblème in FranceThe Dacia affordable brand, which has been a rising star among Renault Group’s acquisitions, wants to improve French sales ...
Ferrari’s Employees Receive Record Bonus of 4,096 Euro for Strong Results in 2013
Ferrari’s Employees Receive Record Bonus of 4,096 Euro for Strong Results in 2013Italian automaker Ferrari said that the 2013 production bonus for its employees would be a record 4,096 Euro. Thanks to ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

2015-BMW-X6-Spied-1
mercedes_S_fire
FORD TRANSIT SKYLINER CONCEPT Intrior
California Bus Crash With FedEx Truck 1
Dacia-Dokker-Embleme-2
BMW_X5_eDriveP90131125_highRes
2014 Jeep Cherokee Limited
2016 BMW M235i Convertible
Audi-ABT_RS5_Cabrio_006
2015 Lexus NX Exterior Front View
Spy-Shots of Cars
land_rover_discovery_vision_

More automotive from inautonews
The upcoming BMW X6M, codenamed F16 is expected to debut this summer - but until then the impressive crossover was spied while testing at Nurburgring. As expected, the design of the new X6M will keep some “directions” from the new X5 and X4 models, so expect new LED headlights that will ...
read more
Inautonews Editors Section
Do you have £200,000? Then you can have the trip of a (hazardous) lifetime
Do you have £200,000? Then you can have the trip of a (hazardous) lifetimeAre you tired of the ever-boring home to work commute? Well, if you’re the adventurous type and can afford the paycheck, the world's most hazardous ...
Check out the everyday cars of St. Moritz – photo gallery
Check out the everyday cars of St. Moritz – photo gallerySt. Moritz is the oldest winter holiday destination in the world – and on the same time it is probably the most expensive ski resorts in the ...
Test Drive: Renault Captur 0.9 – TCe 90 – fast review
Test Drive: Renault Captur 0.9 – TCe 90 – fast review After we’ve tested almost all Renault Captur models, we decided to check out the 3-cylinder engine - 898 cc 66kw (90 hp) model. Why we’ve ...

Editors Section
Inautonews Editors Section
2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video] 2009 safest cars Euro NCAP

Latest in Safety See the recalls of 2014While we live in the age of technology, where anything in our life seems to have a processor, we ... New fatal accidents occur in GM’s recalled carsWhile the company has been arguing a lawsuit that wants a judge to tell the company to advise ...
Safety Section