Continental to Invest $150 Million, Create 500 Jobs in Newport News, Va
Continental, a leading international automotive supplier, has announced plans to invest $150 million in its Newport News manufacturing facility over a multi-year period.
By adding new production lines, Continental is bringing approximately 500 new jobs to the state, nearly doubling the facility’s current workforce.
“Continental has been an outstanding corporate partner to the City of Newport News for over 40 years, and this transformational investment to introduce new, technologically-advanced product lines will provide a pathway to the workforce of the 21st century and future automotive designs,” said Governor McAuliffe.
The investment plans include the start up turbocharger production and increase production of Continental’s gasoline high pressure injector, fuel rail and pump assembly lines.
This is the first time Continental plans to produce turbochargers in the United States.
Category: General Update, Management