Continental Tire the Americas, a Germany-based manufacturer of passenger, light truck and commercial vehicle tires, is investing $1.45 billion to establish its commercial vehicle tire manufacturing plant in Hinds County, Mississippi.
Continental will construct a multi-million-square-foot facility on Norrell Road off I-20 West in Hinds County. Construction of the facility is slated to begin in January 2018.
The project is expected to create 2,500 new jobs.
The project in Hinds County, Mississippi, is part of our global growth strategy. In a first step, the new plant is especially addressing our commitment to grow our commercial vehicle tire business in North America, said Nikolai Setzer, Continental’s Executive Board Member for the tire business.
|Company Name||Continental Tire the Americas|
|Location||Hinds County, Mississippi|
|Estimated Cost||$1.45 Billion|
Source : areadevelopment.com