CUENCA, Ecuador (June 8, 2009)—Compania Ecuatoriana del Caucho S.A. (Erco), a Continental A.G. affiliate, has added capacity for radial truck tires at its plant in Cuenca in a $15 million investment.
The addition of this production area created about 200 jobs, according to Carlos JimÃ&Copy;nez, president of the Federation of Heavy Transport of Ecuador.
Continental supported the installation of the radial capacity, according to Erco, which said it is the first tire maker in the Andean economic region with radial truck tire capacity.
Conti owns a 38-percent stake in Erco.