Mexican Investment will Continue for Continental

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Source: Continental announcement

HANOVER, Germany – Continental during the past five years has invested a middle three-digit million Euro sum in its Mexican plants and in the coming five years it is planned to invest on a comparable level. Earlier this week, the company confirmed it would invest some €60 (approximately $72) to expand its plant in San Luis Potosi.

Continental develops and manufactures automotive components and tires in Mexico plus industrial products, both for the local market and for export to numerous countries – and has been doing this for more than 40 years. The world’s major automakers manufacture in the country, and Continental is there to support them.

The company operates 19 plants, a finance center, a sales office and two research-and-development (R&D) centers in the country. The extensive portfolio of products from Mexico ranges from high-quality surface materials for vehicle interiors, brake systems and turbochargers to instrumentation and passive safety solutions right through to control units and chassis control systems for cars, trucks and specialist vehicles.

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At its San Luis PotosĂ­ site, Continental manufactures textile conveyor belt systems for mining and other industrial applications, for example for conveying cement, aggregates and copper ore. The textile conveyor belts can be equipped with special covers to give them properties such as particular abrasion and oil resistance. Flame-retardant and antistatic finishes are also possible.

Furthermore, special conveyor belts for inclined handling of bulk goods are also manufactured in San Luis Potosí. The plant in Periferico also develops and manufactures not only for the car industry, but also for motorcycles, golf buggies, trucks and other applications – amounting to around six million items annually.

Continental hoses play an important role in the Mexican oil production industry, which is of critical importance to the country’s economy. When drilling for oil in the Gulf of Mexico, for example, they help prevent the escape of oil or gas into the environment in the event of a sudden pressure buildup, and they enable the recovery of crude oil even if the original rig is damaged as a result of a hurricane or other disasters.

The highly flexible White Flexwing, one of the best-selling food-quality hoses worldwide, is indispensable to the Mexican food and cosmetic industries, being used wherever oily and non-oily foodstuffs have to be conveyed.

Continued growth

Last year, Continental opened another manufacturing facility in San Luis PotosĂ­, in which charge-air lines are manufactured for the automotive industry. In addition, extensions to the plants in Guadalajara, Cuautla and Juarez City were completed. Continental manufactures a range of products there, including driver information systems, sensors, control units, electronic modules such as chips and small electric motors for the passenger car and commercial vehicle industries.

A new R&D center is also to be commissioned in Querétaro this year. This will focus primarily on electronic systems relating to solutions for autonomous driving in the future. It already has 160 engineers working there. That number is planned to rise to more than 1,000 in four years.

The entire announcement can be viewed by clicking HERE.

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