Continental Tire Breaks Ground on Plant Expansion in South Carolina
Continental has broken ground on the expansion of its Sumter facility, which will increase tire production capacity from approximately four million units planned for 2016 to approximately eight million units and will more than double the current 700 jobs within the facility.
The second phase of construction is expected to bring the plant’s full production capacity to approximately eight million units per year by 2021.
Altogether, Continental will invest more than $500 million into the Sumter plant and create about 1,600 new jobs. With the expansion, Continental has met the total projected investment of more than $500 million announced in October 2011.
To date, CTA has hired more than 700 employees in the Sumter facility. It is expected that the plant will reach an employment level of approximately 800 by the end of 2015.
Phase II will total approximately 720,000 square feet including the new production hall and expanded warehouses for raw materials and finished goods. This is in addition to one million square feet in the existing plant.
The finished goods warehouse will be expanded to nearly one and a half times its original size.
Category: Featured