Continental Aerospace

As the first product of the joint venture, Continental Aerospace signed a contract worth $100 million over five years with a German multinational Tier 1 company to produce high-precision components.

Continental Capital and Metalwork & Stamping formed a joint venture, Continental Aerospace, to build a special steel foundry, forging and precision machining plant in Nuevo León, Mexico. The investment is $2 billion over five years, and the JV also signed a $100 million contract with a German Tier 1 company.