Continental AG completes Chinese tire plant
German tire maker Continental AG recently completed a tire plant in Hefei city in China's southeastern Anhui province, reports the Chinese Web site Gasgoo.com.
Starting in 2011, the $238 million plant will produce up to four million tires a year, according to Nikolai Setzer, chief of Continental's passenger & light truck tire division.
Setzer added that Continental may expand the plant in the future.