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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

(PresseBox) (Hanover / Ponta Grossa, ) Today, ContiTech opened a new production facility in Ponta Grossa, Brazil, for textile and steel cord conveyor belts. "The new site gives us an even greater presence and brings us closer to our customers, creating an even firmer foundation for our activities in this important region", explains Hans-Jürgen Duensing, head of the ContiTech Conveyor Belt Group at the opening ceremony. "Brazil is far and away the largest market in South America. It accounts for about fifty percent of total volume in the conveyor belt sector in that part of the world. Establishing a manufacturing base in the Brazilian market was therefore an essential move strategically. It also helps us significantly improve our delivery service."

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.

About ContiTech Antriebssysteme GmbH

With sales of approximately €20 billion in 2009, Continental is among the leading automotive suppliers worldwide. As a supplier of brake systems, systems and components for powertrains and chassis, instrumentation, infotainment solutions, vehicle electronics, tires and technical elastomers, Continental contributes to enhanced driving safety and global climate protection. The company is also a competent partner in networked automobile communication. Continental currently employs approximately 134,500 in 46 countries.

The ContiTech division holds a global market leadership position for many nontire rubber products and is a specialist in plastics technology in the nontire rubber sector. The division develops and produces functional parts, components and systems for the automotive industry and other important industries. The division has a workforce of approximately 22,000 employees. In 2009, it achieved sales of approximately €2.4 billion.

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