ContiTech opens new Euro 10M belt plant in Brazil

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.

“The 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,” Hans-Jürgen Duensing, head of the ContiTech Conveyor Belt Group, said at the opening ceremony.

“Brazil 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,” Duensing said, adding that “Establishing a manufacturing base in the Brazilian market was therefore an essential move strategically. It also helps us significantly improve our delivery service.”

ContiTech Conveyor Belt Group reported sales of Euro 427 million in 2009. It currently has a workforce of around 3000 worldwide.

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Press release from ContiTech