ContiTech Is Expanding Industrial Hose Plant in Iowa
Continental A.G.’s ContiTech division has announced a $7.2 million expansion of its industrial hose plant in Mount Pleasant, Iowa.
The company says the expansion is a response to the increasing demand for industrial hoses in the North American Free Trade Agreement (NAFTA) region.
“We have plans to add 30,000 square feet to our plant, and that includes an additional production line which will increase our total floor area and our capacity by 20%,” says Rick Anderson, plant manager. “We anticipate that the expansion will enable us to add about 12 to 14 workers.”
Purchased in 1977, the plant currently employs slightly more than 200 workers. Construction work will begin in late first quarter of 2016 and be completed by the end of the year, according to Anderson. The facility primarily manufactures industrial hose as well as hoses for the transportation industry.
The ContiTech division is a global supplier of technical elastomer products and specializes in plastics technology. It develops and produces functional parts, components, and systems for machine and plant engineering, mining, the automotive industry, and other industries. ContiTech employs approximately 43,000 people in 43 countries worldwide.