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Agricultural tire production plant project, Portugal

12th August 2016

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location

Agricultural tire production plant project, Lousado, Portugal.

Client

Continental Tires.

Project Description

Continental plans to build production facilities at its tyre plant, in Lousado, to produce the company’s branded premium agricultural tyres.

The company intends to bring a complete tyre portfolio for agricultural tractors and harvesting machines to the market, working together with major vehicle manufacturers. The range will include radial and cross-ply tyres in 150 sizes.

Value

€49.90-million.

The R&D centre will cost an additional €2.50-million.

Duration

The start of production is planned for 2017.

Latest Developments

None stated.

Key Contracts and Suppliers

None stated.

On Budget and on Time?

Too early to state.

Contact Details for Project Information

Continental Tires, tel +49 511 938 2683.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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