ContiTech Raises $8.2 Million in Brazil Plant Expansion



ContiTech, the world's leading manufacturer of non-tire rubber and plastics technology, announced recently that it has expanded its production capacity at the Ponta Grossa plant in Brazil. The expansion of the first phase of the plant is expected to begin in February next year. The second phase of construction is expected to be completed in 2014 with a total investment of 8.2 million US dollars.

According to reports, the plant in Ponta Grossa, Brazil, is mainly used for hydraulic power steering systems, air conditioning systems, water pumps, and engine production timing belts and multi-ribbed belts. The expansion of the factory will provide these products with a broader manufacturing space.

The project will be carried out in two phases. The first phase is to expand the plant by 2,800 square meters, increase the production capacity of the synchronous belt by 50%, increase the production capacity of the multi-wedge belt by 15%, and purchase more new equipment in the second phase. The double belt production capacity doubled the capacity of the V-ribbed belt by 25%.

About ContiTech <br>ContiTech is the world's leading manufacturer of pressurized air intake and exhaust pipes for heat-resistant automobiles, large-scale dredging operations, offshore air delivery pipes, conveyor belts, and air springs for rail vehicles. Large automotive hoses and pipes, commercial vehicle air spring system manufacturers. In order to ensure technological innovation capabilities, ContiTech regularly invests thousands of euros in R&D. The 2,329 patents and patent applications it has obtained and filed in Germany and around the world fully demonstrate the company's outstanding achievements in technological innovation. Currently, ContiTech has 40 R&D institutions around the world.

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