Continental’s group sector ContiTech announced that it plans to invest more than $85 million USD to expand its manufacturing operations in Mount Pleasant, Iowa.
The plant expansion includes construction of a state-of-the-art compounding center that will integrate production, warehouse and office operations. It underscores ContiTech’s commitment to delivering high-performance, material-based technologies, with a focus on hoses and belts. This advanced facility will further strengthen ContiTech’s competitiveness and reinforce its position as customer’s first choice for material-driven solutions.
The expansion is expected to create approximately 50 new, high-quality jobs. The Iowa Economic Development Authority (IEDA) Board has approved a package of loan and tax incentives through the IEDA’s High-Quality Jobs program to support the initiative.
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