# Continental invests €100M expanding OTR tyre production in Lousado, Portugal

Continental is investing roughly 100 million euros to expand its Lousado, Portugal plant for radial earthmoving and port tyres. The expansion will create over 100 new jobs and add three earthmover tyre lines and three port tyre lines.

- Type: Expansion
- Announced: 2019-06-11
- Where: Lousado, Portugal
- Value: $112.0M (100.0M EUR)
- Jobs: 100
- Status: announced
- Products: radial earthmoving tyres, port tyres
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Continental](https://endata.com/companies/925.md)

## Sources

- [tyrepress.com](https://www.tyrepress.com/2019/06/conti-investing-100-million-euros-expanding-otr-tyre-production-in-portugal/), 2019-06-11: "Thanks to the investments and additional capacity created, we are continuing to pursue the growth strategy of the tire division."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.