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.