Continental Sime expands Malaysian Factories

27th September 2005 | 0 Comments
 

Continental AG is to spend RM200 million (£30 million/44 million euros) on expanding its Malaysian units’ Petaling Jaya, Selangor, and Alor Star, Kedah, factories. According to reports, the plan is for these facilities to double output. Furthermore, Continental Sime Tyre Sdn Bhd chief executive officer Dieter Saar said the company plans to export 30 to 40 per cent of its output beyond 2006, up from less than 15 per cent now.

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Category: Product News

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