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New Continental Tire Plant in Sumter, South Carolina Now Officially Open

  • Grand Opening event featured Governor Nikki Haley, Germany’s Ambassador to the United States and several hundred guests
  • Investment will amount to more than $500 million, Approximately 1,600 new jobs
  • Annual production capacity of eight million tires when full production level reached

Continental Tire the Americas, LLC (CTA) recently celebrated the grand opening of its all-new plant in Sumter, South Carolina. The ceremony marked the completion of the construction process and the beginning of tire manufacturing.


Siemens CEO Kaeser meets Russian President Putin

Siemens President and CEO Joe Kaeser and Russian President Vladimir Putin met today for detailed talks in the Russian city of Tuapse. Russian Economics Minister Alexei Ulyukayev, the president of the Russian state oil company ROSNEFT, Igor Sechin, and the CEO of Siemens Russia, Dietrich Moeller, were also present at the meeting. The occasion was the opening of a new ROSNEFT refinery, in whose construction Siemens participated.

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