Conti breaks ground on China bike tyre plant
The passenger car tyre plant inaugurated in May is not Continental’s only tyre factory planned for the Chinese city of Hefei; on 9 December the company broke ground on a two-wheel tyre facility there. The factory, which will mainly manufacture mountain and racing bicycle tyres for China and Asia, is expected to enter service in December 2012. According to Constantin Batsch, head of Continental's Two Wheel Tyre business group, initial production capacity should be 1.7 million units per annum.