Continental to Build Manufacturing Facility in Texas
February 06 2020 - 9:08AM
Dow Jones News
By Mauro Orru
Continental AG (CON.XE) said Thursday that it plans to build a
new automotive manufacturing facility in New Braunfels, Texas.
The German car-parts supplier said construction will start in
the first half of 2020 for an investment of about $110 million,
with production due to begin in 2021.
The facility will focus on the development of technology for
advanced driver-assistance systems.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
February 06, 2020 08:53 ET (13:53 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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