Conti Invests in China Engineering Centre
Continental’s Automotive Systems Division has announced plans to build a dedicated engineering centre in China. On July 10 the company announced in Shanghai that 48 million euros have been earmarked for the project, which will be comprised of two facilities, an office site with design and test labs in the Yangpu District of Shanghai and a site containing large-scale equipment for bench testing. This second site will be an extension of the existing Continental Automotive Systems Shanghai facility in Jiading. The Yangpu site will also serve as the new Asia headquarters of Continental’s Automotive Systems, ContiTech and Passenger & Light Truck Tire divisions. Both facilities will be fully operational at the beginning of 2009 and provide employment for about 450 people, with the potential for this number to increase to 600 by 2011.