Conti to stop making tyres at US plant

By Liz White, ERJ staff
Hannover, Germany-Continental Tire North America Inc. (CTNA) said 29 June that it will suspend tyre production indefinitely at its troubled Mayfield, Kentucky plant, starting 31 Dec 2004. Conti has previously described Mayfield as its highest-cost US tyr e-making site. Its strategy to turn the US business back into profit in the US demands more use of low-cost manufacturing locations, an approach it has adopted with success in Europe.
CTNA said it has no plans to close the Mayfield facility,…

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