Continental Tire the Americas (CTA) will build a new tire manufacturing plant in Sumter County. Sumter Development Board Chairman Greg A. Thompson said, “At more than $500 million, it’s the largest industrial investment the county has ever seen.
The $500 million investment is expected to generate 1,700 new jobs in South Carolina over 10 years. They also announced that 80 of those new positions come along with a more than $4 million to expand its Lancaster County headquarters home to nearly 350 employees.
The announcement was made at a news conference today in Sumter at the Sumter Opera House. Sumter County Council Chairman Eugene Baten said it will be a “game-changer” for Sumter County.
The first phase of production capacity at the plant in this project is expected to be nearly five million tires when the plant reaches full production levels in 2017. The company attributes this expansion to a nearly 20 percent increase in total volume for the passenger and light truck tire business in the Americas region in the past two years.
“Today’s announcement further strengthens South Carolina’s membership in the automotive club,” said Bobby Hitt, Secretary of Commerce.
Continental says it will communicate information to potential applicants in the coming months. Job postings can also be found on www.continental-corporation.com.
Continental currently has close to 160,000 employees in 45 countries.