ContiTech to open new automotive hose plant in Qingdao, China  [ China ]

ContiTech AG announced that it has signed a memorandum of understanding on a new plant in Qingdao, Shandong Province, China, mainly for automotive hoses. The company plans to invest more than EUR 20 million (approximately RMB 200 million) for the first step and to set up a greenfield with an initial floor space of approximately 15,000 square meters. In the next few years existing production of ...
<Jul 20, 2016>