Continental: will build a new factory in Mexico


(CercleFinance.com) – Continental announces the construction of a new hydraulic hose factory for industrial use, in Mexico, in the state of Aguascalientes.

The planned investment is around $90 million and will be one of the largest investments in the group’s ContiTech division in 2024.

According to Continental, this new facility will allow it to complete and increase its manufacturing capabilities in the region and will initially generate more than 200 jobs.

With a total area of ​​more than 85,000 m2, it will be ContiTech’s largest site in Mexico, approximately the size of 12 football fields.

Construction of the plant is expected to begin in the second half of this year, with commissioning expected in the second half of 2025.

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