Continental is to expand annual production capacity of its truck and bus tire plant in Puchov (Slovakia). The capacity will increase from around 2.6 million tires to over 3 million over the next couple of years. Continental will invest €100 million into EMEA for this project. Continental says that the expansion is down to an increased demand for their truck tire
Tag: expansion
Ceat adds local partner for Bangladesh investment
“Ceat Ltd” says has updated its plans to build a tire factory in Bangladesh. The business will now be a joint venture with a local company. The factory will make cross-ply (bias-ply) tyres for trucks, light trucks and 2- and 3-wheel vehicles. Most of the output will be used in Bangladesh. About 20 percent will