TITLE

Steelworkers analyst sees Conti needing more U.S. capacity

AUTHOR(S)
Young, Patrick
PUB. DATE
August 2007
SOURCE
Rubber & Plastics News;8/6/2007, Vol. 37 Issue 1, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses tire company Continental AG's stance regarding shifting to low-cost production facilities. Over the past few years, Continental has invested in production facilities in Malaysia and Brazil to slash labor costs. But production glitches there have caused major problems for tire dealers. Therefore in July 2007 the company announced a big investment in its Mount Vernon, Illinois facility that would bring 90% of the company's commercial vehicle tire production back to the U.S.
ACCESSION #
26224653

 

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