Conti announces €100m investment in Portugal plant

Lousada, Portugal – Continental Corp. is committing €100 million to add capacity for larger diameter radial earthmoving and port materials-handling tires at its 73-year-old tire plant in Lousado.

The investment includes funding to expand a research and development on site dedicated to off-road tires, the company said.

The new capacity will be housed in hall being built adjacent to the expansion opened in 2017 for radial agricultural tire production, Conti said, without disclosing the hall’s size, the new product lines’ capacity or a timetable for completion of…

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