Having only recently inaugurated phase 3 production at its Hefei, China plant, Continental A.G. is moving forward with the phase 4 expansion of the six year old plant. Company officials signed contracts in July with local officials, clearing the way for the $294 million project to begin. Phase 4 will add 6 million units of annual capacity for passenger tires
This is Continental’s fastest-expanding site, Philipp von Hirschheydt, executive vice president, passenger and light truck replacement tires, APAC, said at the contract signing.
The factory’s annual capacity will reach 20 million passenger tires and 5 million two-wheeler tires by 2022.
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