Conti Expanding Retreading Activities in Mexico
Rubber News (subscription required) is reporting that Continental Tire North America plans to establish itself in the Mexican retreading market over the next year with the opening of about 15 ContiTread retreading plants. Jasman Co., which operates about 50 Continental tire dealerships in Mexico, opened the first Continental retread plant in Monterrey on January 27 and expects to open two more. According to Rubber News, a Conti spokeswoman said other dealerships will operate the remaining plants, which are expected to open at a pace of one every other month into 2011. Conti also said it is exploring plans for the Canadian market.