Continental Commercial Vehicle Tires has selected a site in Mississippi for a new plant, and has reached an agreement with the state of Mississippi to purchase a site for the construction of a commercial vehicle tire plant. Continental has committed for a long term investment totaling approximately $1.4 billion and employing 2,500 people when the plant reaches full capacity in the next decade. The new manufacturing facility will be located at a greenfield site in Hinds County, two miles from Clinton and 20 miles from Jackson.
“The project in Hinds County, Miss., is part of our global growth strategy. In a first step the new plant is especially addressing our commitment to grow our commercial vehicle tire business in North America,” said Nikolai Setzer, Continental’s executive board member for the tire business. “The announcement of a new tire plant in the U.S. is the second in just five years for Continental. We thank the state of Mississippi, Hinds County and the City of Clinton and Governor Bryant for his leadership in bringing us to the Jackson area, and we look forward to a strong business relationship for years to come.”
Continental will begin site development this year and expects to begin construction of the plant in 2018. A date for the start of construction has not yet been announced, but the company expects to break ground in the next several months in cadence with market demands. The production of commercial vehicle tires is planned to start by end of 2019.