Continental selects Thailand for new tire plant

Rayong, Thailand – Continental AG has selected a site in Thailand’s Rayong Province for its next tire plant, a car and light truck tire factory.

Conti-Thailand-plant-2Continental expects to break ground this year and should bring the plant on stream by 2019. The German tire maker said the factory will produce 4 million tires a year by 2022 and will employ 900 workers in the start-up phase.

Conti is budgeting €250 million for the first phase of the project,…

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