ContiTech to double belt production in Brazil

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ContiTech to double belt production in Brazil

; i2 x6 u, A! A6 W0 B- HWednesday, December 14, 2011

4 F  S* |0 g& z# h+ \) `: }3 ZPonta Grossa, Brazil - ContiTech will invest 15 million reais (6.2 million euros) in the doubling of production capacity for belts at the plant in Ponta Grossa, Brazil. This will provide more space for the manufacture of timing belts for cars and multiple v-ribbed belts used to drive hydraulic power steering and air conditioning units, water pumps and generators. “With the investment we intend to not only up capacities for spare parts but likewise cover the Brazilian auto industry’s growing demand,” said Konrad Müller, head of the ContiTech power transmission group business unit.