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ContiTech Opens New Plant in Brazil
Conveyor belt production commences in Ponta Grossa, Brazil / Strategically important reinforcement of activities in the Central and South American market / Investments exceed 10 million euros
ContiTech's conveyor belt operations will make textile and steelcord conveyor belts on a production area of 5,000 m2. Over 60 new jobs have been created in the course of this expansion. The facility is designed for an annual output of 300 kilometers of conveyor belting. The total amount invested so far by ContiTech in the hall, machinery and equipment for the production of the conveyor belts amounts to more than 10 million euros. The Conveyor Belt Group is ContiTech's fourth business unit to set up manufacturing operations in Ponta Grossa, thus further strengthening the Conti do Brasil site. Fluid Technology (hoses), Power Transmission Group (drive belts) and Vibration Control (engine mounting systems) have already been operating there successfully for more than ten years now.
For its part the ContiTech Conveyor Belt Group reported sales of €427 million in 2009. It currently has a workforce of around 3,000 worldwide.
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