SUMTER, S.C. (March 28, 2012) — Continental Tire the Americas today broke ground on its $500 million car and light truck tire plant in Sumter, South Carolina.
Key facts about the new Sumter plant:
- The construction process for the plant is expected to be finished by the end of 2013.
- Production is expected to start in late 2013 or early 2014.
- In the initial phase stretching out until 2017, nearly five million passenger and light truck tires will be produced annually.
- In 2021, when the full production level will be reached, the annual production capacity will increase to up to eight million tires per year.
- The new site comprises approximately 330 acres and a 1 million-square-foot production facility.