An agreement was reached last week on the fourth phase of expansion at the Continental passenger car tyre factory in Hefei, China. In a Chinese-language statement, the Hefei Hi-tech Industrial Development Zone reports that a signing ceremony was held on 5 July to mark the start of a project that will see capacity at the Hefei plant rise by 2 million tyres a year over the next half-decade, from a current capacity of 8 million tyres per annum to 20 million passenger car tyres a year by 2022.
At a ceremony held at Continental’s headquarters in Hannover, Germany yesterday, the tyre maker signed a long-term option for acquiring additional land adjacent to its plant in Hefei, China. The deal almost doubles the space available for further expansion at the site.
Continental has opened its first training centre in the APAC region in Hefei, Anhui province in China. The facility is located in Anhui Province, in the Hefei Hi-tech Industry Development Zone, beside the company’s tyre plant and R&D test centre.
Following the opening of a tyre research and development centre at the site of its factory in Hefei, China, Continental says it will be able to more quickly and efficiently develop new generations of summer and winter tyres for the Chinese market. The centre, which was erected with an investment of more than €4 million, opened at the end of March.