Continental to invest $40 million in SLP
Somos Industria | August 02, 2022 |

With an investment of 40 million dollars, Continental reiterates its confidence in San Luis Potosí, and builds a new plant where they will manufacture hydraulic hoses.

It is estimated that the new plant in Mexico will increase and complement the regional manufacturing capacities and will generate new jobs for the benefit of the people of Potosí, better customer service and the expansion of growing industries will result.

With this, the technology company of German origin intends to increase and complement its manufacturing capabilities within the region and outside it.

See also: Hisun inaugurates its plant in Saltillo with an investment of 105 million dollars

Notably, the new facility provides additional wire braiding and spiral wire capacity to meet growing needs in North America and will begin operations in 2024.

The new production facility will create approximately 150 new direct jobs and the investment will help increase regional manufacturing capabilities and supply chain efficiencies. It creates multi-location capabilities throughout the region and is part of Continental's commitment to growth in North America.

Continental already has four plants in San Luis Potosí, and now reiterates its commitment to the entity by investing in one more plant. "Growing power in North America is our goal. We have many successful installations in the region that will be complemented by this investment thanks to additional production capacity," said Andreas Gerstenberger, Global Business Area Director, Industrial Fluid Solutions, Continental. .

Of interest: GE installs new laboratories in Querétaro for the aerospace sector

Continental in Mexico currently has more than 20,000 employees spread over 20 locations (manufacturing plants, financial centers, offices and research and development centers) in 12 states of the Mexican Republic.

In San Luis Potosí, the company has more than 45 years of history and employs more than 3,000 collaborators, distributed in four manufacturing plants and a financial center.

In Solili you can consult industrial buildings available in Querétaro, Guanajuato and Aguascalientes

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