Technology company, Continental, is investing approximately $12 million in its ContiTech PVC hose business in North America and is expanding its manufacturing capabilities and production capacities into a new state-of-the-art competence center at its upgraded plant in Mount Pleasant, Iowa, USA, to modernize the industry hose production.
“The expansion in Mt. Pleasant allows us to drive synergies and combine technologies in both PVC and rubber hose operations under one roof. It culminates a comprehensive and strategic plan to increase our long-length and PVC hose capacity in North America by more than 20 percent. The leap in production technology gives us the bandwidth, capacity and ongoing support to better serve our customers’ needs,” said Andreas Gerstenberger, Global Head of Continental’s Industrial Fluid Solutions business unit.
In 2016 Continental already invested approximately $8 million into a brick-and-mortar expansion project at its rubber hose operations in Mt. Pleasant.