Continental Tire's strategic investment in long-term growth
Special investment program totals over €1 billion by 2016
Continental Tire Division has been very busy recently with new tire plants starting production around the world. The latest news on this front comes from South Carolina where the new production lines at the Sumter plant were officially inaugurated on January 28. The PLT tire production in Modipuram, India will start during the course of 2014, while back on October 29, 2013 the new plant in Kaluga, Russia had been opened. These were all significant milestones en route to the unparalleled expansion of production capacities at the Tire Division that will see potential global output rise by more than 20 million tires per year in the run-up to 2016.
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