Continental To Sell Another US Plant?
Continental AG reportedly plans to sell its Bryan, Ohio, OTR tyre production plant, according to a German Reuters report. Other sources indicate that the company is in talks with an unknown buyer. Continental declined to make any further comment.
The Bryan plant is said to have nearly 300 employees and the capacity to produce up to 300 off-the-road tyres each day. Last October, Continental sold its worldwide agricultural division to Ceska Gumarenska Spolecnost (CGS). As part of the agreement, the Czech company continues to produce and trade Continental, Semperit, Barum and Euzkadi tyres.