Conti to reduce production at US plant

From Rubber & Plastics News

Mayfield, Kentucky-Continental Tire North America Inc. plans to cut daily production 33 percent at its Mayfield plant by July.

Production at the plant will fall to 7300 tyres a day from 10 900 tyres, and 200 hourly employees will be laid off, Continental said.

“We must remain cost competitive in our industry, and to this end, we continuously evaluate all our production facilities,” said Martien de Louw, president and CEO of Conti Tire. “Frankly, we agonised over a number of scenarios for improving…

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