Mt Pleasant, Iowa — According to state and local development sources, ContiTech plans to invest $85 Million to expand in Mt Pleasant. The company plans to occupy the new space at 400 Goodyear Rd in Mt Pleasant, on or about March 1, 2027. According to the company website ContiTech is a group sector within Continental, a leading tire manufacturer and industry specialist. This sector focuses on developing and producing sustainable, safe, and convenient solutions for automotive manufacturers, industrial clients, and end customers globally. While Continental as a whole achieved its full-year targets for sales and adjusted EBIT margin in fiscal 2025, ContiTech’s adjusted EBIT margin was noted to be below its targeted range. Detailed figures and information regarding ContiTech, alongside the Tires group sector, are available in Continental’s investor presentations and annual reports.

To learn more about ContiTech, visit https://www.continental.com/

Company Contact:
Andreas Gerstenberger, Chief Executive Officer
704-583-4882

SOURCE: http://www.intelligence360.io
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