# Continental AG to expand tyre facility in Thailand with $400M investment

Thailand's Board of Investment approved a $400 million investment by Continental AG to expand its existing tyre manufacturing facility in Thailand. The expansion was announced on October 9, 2024.

- Type: Expansion
- Announced: 2024-10-09
- Where: Thailand, Thailand
- Value: $400.0M
- Jobs: 600
- Status: announced
- Capacity: 3 million tires per year
- Products: tyres for motorcycles, light trucks, passenger cars
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [reuters.com](https://www.reuters.com/markets/deals/thailand-approves-400-mln-investment-by-continental-ag-expand-tyre-facility-2024-10-09/), 2024-10-09: "Thailand's Board of Investment said on Wednesday it had approved a $400 million investment by tyre-maker Continental to expand its existing facility in the country."
- [continental.com](https://www.continental.com/en/press/press-releases/20241009-rayong-expansion/), 2024-10-09: "Our latest capacity expansion in Rayong reflects our strong growth in the Asia-Pacific region, one of Continental Tires’ strategic growth markets."

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