The international automotive supplier, tire producer and industry partner Continental announced today the opening of its second plant in Wuhu -- Continental Automotive Interior (Wuhu) Co., Ltd., a new addition to its current manufacturing facility in Anhui province, China. Many government officials and Continental’s senior executives attended the new plant’s official opening ceremony, celebrating a major milestone in Continental’s history. With an initial investment of 33 million Euro for land and building, the new plant will be fully operational in the first quarter of 2015, and play a significant role in meeting the increasing demand from both local and global markets.
Dr. Ralf Cramer, Member of the Executive Board of Continental, President and CEO of Continental Chinasaid: “The new plant is our 22nd manufacturing location in China, which is a vital part of our growth strategy that reflects our goal to be ‘in the market for the market.’ Our investment in this new plant is a decisive step that not only strengthens our business in China but also demonstrates our strong confidence in and commitment to our local customers and business partners.”
“We are excited about continually expanding our investment in the Chinese market, and confident in achieving significant growth here,” said Mr. Eelco Spoelder, Executive Vice President and Head of Instrumentation and Driver HMI Business Unit of Continental. “The new plant will accelerate our development to a higher level by introducing new technologies and enhancing our product portfolio, which will streamline the manufacturing process, improve quality and react faster to the market requirements.”
