Products for Transport

New content item

Continental Celebrates Groundbreaking for Mississippi Tire Plant

04/11/2016
  • Start of production of truck and bus tires for North America by the end of 2019
  • Commitment for long term investment totaling approximately $1.4 billion and providing 2,500 jobs
  • Project is part of the growth strategy of leading technology company Continental

Hanover – November 4th, 2016. Continental, the worldwide premium tire manufacturer and technology company, has yesterday officially broken ground at the site of its new tire plant near Clinton, Mississippi, in the United States. The ceremony, attended by state and local governmental officials, marked the beginning of the construction process, which is expected to be completed in 2019.

State and local government officials join Continental leaders in Clinton, Mississippi for a groundbreaking ceremony for the company’s new truck tire plant. Pictured from left to right: Representative Deborah Dixon, Speaker Philip Gunn, Lt. Governor Tate Reeves, Continental Executive Board Member Nikolai Setzer, Governor Phil Bryant, Congressman Bennie Thompson, President Hinds County Board Darrel McQuirter, Executive Director, MDA Glenn McCullough, Jr. and Continental Executive Vice President Paul Williams. 

Continental has committed for a long term investment totaling approximately $1.4 billion and employing 2,500 people when the plant reaches full capacity in the next decade. The new manufacturing facility will be located at a greenfield site near the town of Clinton, 20 miles from Jackson, the capital of Mississippi. Continental expects to begin construction of the plant in 2018. The site is more than 400 hectares and is by size and location well suited for setting up a gradually growing tire plant. The production of commercial vehicle tires is planned to start by the end of 2019.

“Building this new facility in Mississippi is a critical part to our growth strategy for the Tire division of Continental, known as Vision 2025,” said Nikolai Setzer, member of Continental’s Executive Board and head of Continental’s global tire business worldwide. “This is the first new plant, globally, for the truck and bus tire business in more than ten years.”

Nikolai Setzer, member of the Executive Board of Continental and head of the Tire division, and Phil Bryant, Governor of Mississippi 

With this investment, Continental is continuing the implementation of its ambitious growth plan for the commercial vehicle tire business. Dr. Andreas Esser, Executive Vice President and Head of the Business Unit Commercial Vehicle Tires, illustrated the reasons for building this new production site: “The new plant brings us closer to our customers. We had other major investments before but Clinton is the biggest investment to date. We are able to make this large investment due to the success of our business unit and because of the dedicated and successful work of our workforce both in the Americas and worldwide.”

“This plant is a significant step in addressing our commitment to grow our commercial vehicle tire business in North America,” said Paul Williams, Executive Vice President, Continental Commercial Vehicle Tires, the Americas. “We look forward to strong business relationships both with state and local authorities as well as with our suppliers. With the new plant, we have the best environment to even better serve our customers in the Americas.”

Continental celebrated the official groundbreaking ceremony of its new tire plant near Clinton, Mississippi, in the United States.

Continental’s business growth in commercial vehicle tires has consistently exceeded the market over the last five years and the company continues to see customer demand for its products – both new truck and bus tires as well as retreads – which are growing beyond the company’s existing capacity.

Not including the planned investment in Mississippi, Continental has invested nearly $2.5 billion in the past decade for manufacturing, technology, facilities and product development to grow its tire business in the Americas. Globally, Continental’s other major investments in its commercial vehicle tire production have been the announced expansions of the plants in Lousado (almost €50 million) this year, Puchov (€100 million), Otrokovice (around €165 million), and Mt. Vernon (around €70 million) in 2013.

Contact
christiane_pfeiffer
Dr. Christiane Pfeiffer

Head of Communications

Commercial Vehicle Tires

Continental AG l Tire Division

Büttnerstrasse 25

30165 Hannover, Germany

+49 511 938-2683

Contact
michael_nehring
Michael Nehring

Manager Media Relations

Commercial Vehicle Tires

Continental AG | Tire Division

Büttnerstrasse 25

30165 Hannover, Germany

+49 511 938-21813