Breaking News

Tweet TWEET

Continental Tire Greenfield Ahead of Schedule in Sumter at Year-End

     Continental Tire Greenfield Ahead of Schedule in Sumter at Year-End

- Construction progress at the Sumter plant site remains ahead of schedule

- Annual production capacity of eight million tires when full production level
reached

- More than 50 employees were recruited in 2012

- Approximately 300 positions will be filled in 2013

PR Newswire

SUMTER, S.C., Dec. 26, 2012

SUMTER, S.C., Dec. 26, 2012 /PRNewswire/ --Continental Tire the Americas, LLC
(CTA) continues to remain ahead of schedule as 2012 draws to a close.
Construction began June 15 following the groundbreaking ceremony in March,
2012.

The first employee, a civil engineer, was hired in April 2012. Since that
time, CTA has recruited for more than 50 positions at the Sumter plant.

"This year we focused on hiring key members of our management team and a
variety of engineers," said Craig Baartman, Sumter plant manager, whose
position was announced in August. "We plan to have our complete management
team on board in 2013."

In addition, CTA hired 18 multi-craft technician employees this year. Each
will spend approximately 12 weeks training at a Continental tire plant in
Illinois, Germany, Portugal, France or Mexico to prepare them for their job in
Sumter.

In 2013, CTA will continue its partnership with readySC and Central Carolina
Technical College to assist with staffing and training interested candidates.
Through this partnership, CTA plans to recruit approximately 300 positions
next year, including department managers and supervisors, functional support
such as finance and IT, and production and technician positions. Current job
postings can be viewed at www.readySC.org/Conti.

The site, located off of U.S. Highway 521 in Sumter, South Carolina, sits on
nearly 330 acres and will soon be a 1 million-square-foot production facility.

The general contractor for the site, Michigan and South Carolina-based
Walbridge/Mashburn, has made significant progress on key areas of the plant
including the mixing, tire building, stock preparation, curing, final finish
and warehouse areas. The construction process for the plant is expected to be
finished by the end of 2013, with production beginning in late 2013 or early
2014.

In the first phase, the plant will reach a production capacity of more than
four million units per year in 2017. A second phase is expected to bring the
plant's full production capacity to approximately eight million units per year
by 2021. Altogether, CTA will invest more than $500 million into the Sumter
plant and will manufacture passenger and light truck tires to meet the
increasing demand for Continental and General brand tires from both
aftermarket business and automotive manufacturers. Nearly 1,600 jobs will be
created as a result of this investment.

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.

Media database: www.mediacenter.continental-corporation.com

SOURCE Continental Tire the Americas, LLC

Contact: Kathryn Blackwell, Vice President, Communications and Marketing,
NAFTA Region, Continental Automotive, +1-248-462-9114, Fax: +1-248-393-5227,
Kathryn.Blackwell@continental-corporation.com; or Tanya McNabb, Communications
Manager, Business Unit Replacement the Americas, PLT, Continental Tire the
Americas, +1-704-583-8732, Tanya.McNabb@conti-na.com