ERJ staff report (DS)
Hefei, China - Continental is to expand its tyre factory in Anhui province, according to a local newspaper. The government sponsored Anhui News organisation said, Continental â€œwill increase investment to 450 million USD in Hefei-based factory, according to Anhui Provincial Administration of Commerce.â€
The report added, â€œThe capital increase this time is for 2nd project and it is expected to be completed next July.â€
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News report from Anhui News