Continental invests $9.3 million to expand rubber mixing operations
Technology company Continental has announced a $9.3 million expansion of the rubber mixing operations at its industrial hose plant in Norfolk, Nebraska, to accommodate its North American manufacturing facilities by providing rubber for industrial hoses and whitewall tires for passenger cars.
The Northeast Nebraska plant, less than 40 years old, currently employs slightly more than 360 associates. Granatowicz said that construction work will begin immediately and be completed by the end of the first quarter of 2019. The facility primarily manufactures industrial hose and supplies compound for a variety of applications such as general purpose air and water, garden, mining, petroleum, steam and welding hose. The new mixing operations also will enable the plant to supply compound for product-specific whitewall Continental passenger tires.
About Continental
Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transport. In 2016, Continental generated sales of €40.5 billion and currently employs more than 233,000 people in 56 countries