Continental Celebrates the Grand Opening of its Greenfield Tire Plant in Rayong, Thailand

business March 29, 2019

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The leading technology company Continental celebrated on March 27th the grand opening of its Greenfield Tire Plant in Rayong, Thailand. Starting operations exactly on schedule, only two years after the groundbreaking ceremony, the tire manufacturing facility welcomed on site around 500 guests. Dr. Somchai Harnhirun, Deputy Minister of Industry, Mr. Georg Schmidt, Ambassador of the Federal Republic of Germany to the Kingdom of Thailand and Nikolai Setzer, Member of the Executive Board of Continental and Head of Tire Division, Continental management, the local project team and employees, as well as suppliers, dealers and representatives of academic institutions gathered on site to celebrate this important milestone. The new tire plant is a 250-million-euro investment in Thailand and is equipped with state-of-the-art technology to produce about four million passenger and light truck premium tires per year for Thailand and the whole APAC by 2022.

Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transportation. In 2018, Continental generated preliminary sales of €44.4 billion and currently employs around 244,000 people in 60 countries and markets.

The Tire division has 24 production and development locations worldwide. As one of the leading tire manufacturers with around 56,000 employees, the division posted sales of €11. billion in 2018. Continental ranks among the technology leaders in tire production and offers a broad product range for passenger cars, commercial vehicles and two-wheelers. Through continuous investment in R&D, Continental makes a major contribution to safe, cost-effective and ecologically efficient mobility. The Tire division’s portfolio includes services for the tire trade and for fleet applications, as well as digital management systems for commercial vehicle tires