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No record... but close: Part 2 of 2; Tire makers' capital investments at $3.2B.(two joint...

By Davis, Bruce
Publication: Tire Business
Date: Monday, August 28 2006

Byline: Bruce Davis

Continental A.G. is spending:

* $70 million to $100 million over two years at its Mount Vernon, Ill., passenger and truck tire plant to modernize the infrastructure and upgrade capacity for more contemporary sizes. Included is $17.8 million for a tandem mixer to support truck tire production.

* $19 million at its Continental Matador S.R.O. joint venture in Puchov, Slovak Republic, to push output of radial truck tires up 57 percent to 2.2 million units annually.

Cooper Tire & Rubber Co. is investing $70 million in set

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