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Continental Breaks Ground on Mississippi Tire Plant
Continental recently broke ground on a nearly 1,000-acre tire plant near Clinton, Mississippi, that is projected to employ 2,500 people when the plant reaches full capacity. Photo courtesy of Continetal/PR Newswire.
JACKSON, Miss.– Continental recently announced that it has broken ground at the site of its new tire plant near Clinton, Mississippi. The ceremony, attended by federal, state and local governmental officials, marked the beginning of the construction process, which is expected to be completed in 2019.
"Building this new facility in Mississippi is a critical part to our growth strategy for Continental Tire, known as Vision 2025," said Nikolai Setzer, member of Continental's Executive Board and head of Continental's global tire business worldwide, in a press release. "This is the first new plant, globally, for the truck tire business in more than ten years. We are convinced that the state of Mississippi provides the best options for Continental to grow our tire business."
Continental has committed to a long term investment of approximately $1.4 billion and employing 2,500 people when the plant reaches full capacity in the next decade, Continental said in the release.
The new manufacturing facility will be located at a greenfield site in Hinds County off of Interstate 20, two miles from Clinton and 20 miles from Jackson. Continental expects to begin physical construction of the plant in 2018. The nearly 1,000-acre site is said to be, by size and location, well suited for a gradually growing tire plant. The production of commercial vehicle tires is planned to start by the end of 2019.
"The groundbreaking of Continental's new tire manufacturing plant in Central Mississippi marks a significant milestone in the development of the company's newest state-of-the-art facility. I congratulate everyone involved with this monumental project and look forward to the plant's progress," said Mississippi Governor Phil Bryant, in the release.
Continental (www.continental-corporation.com) reports that, not including the planned investment in Mississippi, it has invested nearly $2.5 billion in the past decade for manufacturing, technology, facilities, and product development to grow its tire business in the Americas. Part of this investment has been the expansion of Continental’s tire plant in Mt. Vernon, Illinois, and the new Sumter, South Carolina, facility.
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