Continental Tire presses on with Chinese factory expansion
ERJ staff report (BC)
Shanghai – Continental Tire's sole Chinese production site in Hefei, Anhui is currently undergoing expansion, according to Carmen Lee relaying a Beijing Times report.
Following the expansion, the site's annual production capacity will increase from four million tires to eight million tires. The manufacturer has reportedly invested €145m ($23.5m) in the project.
Conti currently possesses over 3,000 exclusive shops in China. The company is adding an average of three shops to its Chinese network every day.
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