Continental Tire the Americas Receives "Best Place to Work" Awards

      Continental Tire the Americas Receives "Best Place to Work" Awards

- Continental is recognized in the Large Business category in two separate
award ceremonies as a "Best Place to Work"

- Recognized the fourth Best Place to Work by the South Carolina Chamber of
Commerce and the eighth Best Place to Work by the Charlotte Business Journal

- Employee feedback is foundation for results

PR Newswire

LANCASTER COUNTY, S.C., Nov. 12, 2012

LANCASTER COUNTY, S.C., Nov. 12, 2012 /PRNewswire/ --Continental Tire the
Americas, LLC (CTA) was recently recognized by two area organizations as a
"Best Place to Work." On Oct. 4, CTA was for the first time recognized by the
South Carolina Chamber of Commerce and SC Biz Magazine as the fourth "Best
Place to Work" in South Carolina. Mostly recently on Nov. 9, CTA was awarded
the eighth "Best Place to Work" in the Charlotte area by the Charlotte
Business Journal, surpassing the ninth place position the company was awarded
in both 2010 and 2011.

CTA competed in the large business category for both awards, which consists of
businesses of more than 250 full-time employees. The awards recognize
companies with benefits, policies and practices that are among the best in the
area. Awards are determined by an evaluation of the work environment, which is
based on an employee survey managed by a third party.

"Continental Tire the Americas is a great place to work because of our people
and we are honored to be recognized for this award in both Charlotte and the
state of South Carolina," said Jochen Etzel, CTA's chief executive officer.

CTA's corporate headquarters are located in Lancaster County just off of
Highway 160 and employs nearly 400 people in the greater Charlotte area. In
addition, CTA is currently building a new manufacturing facility in Sumter,
South Carolina that will create 1,600 new jobs.

"Over the next few years we'll be hiring more people at both our Lancaster
County office and new plant in Sumter," Etzel said. "We hope that with
additional employees, we will be able to reach more milestones and continue to
be a best place to work." 

Due to the significant growth in the business, CTA recently invested $4
million into an expansion of its Lancaster County headquarters, providing a
16,000 square foot addition, which opened on Aug. 24. The investment also
includes the creation of 80 new jobs at the headquarters location over the
next four years.

The new addition to CTA's headquarters is part of an even larger company
investment into the area with plans to invest more than $500 million to build
an all-new tire plant in Sumter, S.C. The first phase of the facility is
expected to be complete in 2013.

Continental manufactures and distributes a complete line of Continental and
General brand passenger, light truck and commercial tires for original
equipment and replacement markets. Continental's brands are available at
leading independent tire dealers, car dealers and mass retail companies across
North and South America.

About Continental Corporation

With sales of €30.5 billion in 2011, Continental is among the leading
automotive suppliers worldwide. As a supplier of brake systems, systems and
components for powertrains and chassis, instrumentation, infotainment
solutions, vehicle electronics, tires and technical elastomers, Continental
contributes to enhanced driving safety and global climate protection.
Continental is also an expert partner in networked automobile communication.
Continental currently has approximately 170,000 employees in 46 countries.

SOURCE Continental Tire the Americas, LLC

Contact: Tanya McNabb, Communications Manager, Continental Tire the Americas,
Press spacebar to pause and continue. Press esc to stop.