ERJ staff report (TB)
Hefei, China — Continental A.G. has broken ground on a $215 million expansion of its car tyre plant in Hefei that will double the plant’s size to 8 million tyres a year by 2015.
Production at the 753,000-sq.-ft. plant started in May 2011 and Conti expects the first phase investment to be producing at a pace of 4 million unts a year by year-end. Employment stands at 680 at the plant, in which Conti invested $260 million.
The expansion to 8 million tyres will…