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updated: 1/28/2013 12:59 PM

Continental Tire plans $129 million expansion

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Associated Press

MOUNT VERNON -- Continental Tire of the Americas plans to invest $129 million at its Mount Vernon plant in an expansion project that will create more than 100 new full-time jobs over the next three years.

Company officials say the expansion is needed because of increased demand for Continental and General brand tires.

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Vice President of Manufacturing Benny Harmse says the project includes $95 million to expand the company's commercial vehicle tire production. Other funds will be used to expand a warehouse and upgrade equipment.

The company has invested more than $600 million in the Mount Vernon facility since 2006. Harmse says that's because Mount Vernon is a business-friendly community with a dedicated workforce.

Continental Tire's Mount Vernon plant currently employs 3,200 people and produces more than 14 million tires each year.

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