ERJ staff report (R&PN)
Bonita Springs, Florida -- Continental Tire the Americas L.L.C. is tripling the production capacity for ContiTread tread rubber at its Conti LifeCycle tread rubber plant in Morelia, Mexico, to meet â€œoverwhelming demandâ€ from customers throughout the Americas.
The multimillion-dollar investment doubles the size of the plant to more than 43,000 square feet and includes an additional curing and finishing line, according to Paul Williams, executive vice president for truck tyres in the Americas, who disclosed the expansion this week at Conti's annual commercial vehicle tyre dealer meeting in Bonita Springs.
â€œThis expansion allows us to accommodate the growing need for retreaded truck tyres in our current markets, and to comfortably expand as we reach even further across the Americas,â€ Williams said.
â€œThe result is that Continental now has the ability to cap more than 1.2 million truck tyres annually with our ContiTreads. An additional expansion has already been planned for 2014, which involves yet another curing and finishing line to be installed,â€ he added.
Williams attributed the â€œskyrocketing growthâ€ of the ContiLifeCycle business to the need for fleets in the Americas to have an economical lifetime truck tyre solution, and also to the high level of interest from dealers in each country.