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Reports Say Continental AG Considering Greenfield Tire Plant in China

(Akron/Tire Review) Continental AG CFO and Continental Tire North America President and CEO Alan Hippe told media sources in Germany that the company has not yet made a decision on its tire production plans in China.

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Hippe did, however, tell AFX News that the company favors setting up a Greenfield plant in the country, allowing the company to take advantage of growing market opportunities in China as well as export to other Asian markets.

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