HEFEI, China (July 6, 2010)—Continental A.G. has installed the first machines at the passenger and light-truck tire plant it is building in Hefei.
Scheduled to open at by the beginning of 2011, the facility will have an annual capacity of 4 million tires at start up. The company said it expects that number to grow in the future.
Conti said it installed the equipment at the site on July 4. The facility will cost about $235.5 million to build.