ERJ staff report (RD)
Hanover, Germany -- ContiTech has opened a new 5000-sq.m conveyor belt and textile steel cord production facility in Ponta Grossa, Brazil, a 29 April company statement said.
Over 60 new jobs will be created by the expansion, which Conti has invested Euro 10 million in, so far. The facility is designed for an annual output of 300 kilometers of conveyor belting, the statement said.
â€œThe new site gives us an even greater presence and brings us closer to our customers, creating an even firmer foundation for our activities in this important region,â€ Hans-JÃ¼rgen Duensing, head of the ContiTech Conveyor Belt Group, said at the opening ceremony.
â€œBrazil is far and away the largest market in South America. It accounts for about fifty percent of total volume in the conveyor belt sector in that part of the world,â€ Duensing said, adding that â€œEstablishing a manufacturing base in the Brazilian market was therefore an essential move strategically. It also helps us significantly improve our delivery service.â€
ContiTech Conveyor Belt Group reported sales of Euro 427 million in 2009. It currently has a workforce of around 3000 worldwide.
This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.
Press release from ContiTech