By Bruce Davis, Tire Business staff
MOUNT VERNON, Ill. (Jan. 28, 2013) — Continental Tire the Americas L.L.C. plans to boost capacity for truck tires at its Mount Vernon plant by mid-2015 as part of a $129 million investment at the sprawling car and truck tire manufacturing complex in southern Illinois.
The project will raise annual capacity to about 3.2 million units — including new building capacity for wide-base single truck tires — and create more than 100 jobs, Conti said. The expanded capacity is only marginally higher than that the company projected the plant would be at by year-end 2012 in its May 2011 investment announcement, but it includes the addition of the wide-base manufacturing.
This expansion, which gives Conti its first wide-scale North American capacity for wide-base truck tires, raises to $615 million the amount Conti has committed to Mount Vernon since 2006.
Among the reasons Conti cited for making the investment are rising demand for Continental- and General-brand truck tires, the need to manage complexity better and "emerging technologies" in tire production.