# Continental plans €25M expansion of steel cord conveyor belt capacity in Brazil

Continental plans to invest €25 million to expand steel cord conveyor belt production capacity in Brazil, targeting high-strength belts for mining. The final location is being negotiated with Brazilian states.

- Type: Expansion
- Announced: 2022-02-16
- Where: Brazil
- Value: $28.0M (25.0M EUR)
- Status: announced
- Products: steel cord conveyor belts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

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

## Sources

- [worldcement.com](https://www.worldcement.com/the-americas/16022022/continental-plans-to-invest-in-steel-cord-conveyor-belt-production-in-brazil/), 2022-02-16: "Continental plans to significantly expand its capacities in Brazil with an investment of €25 million."

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