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Continental Tyre Plant in Mexico gets New Life Thanks to IGBCE

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18 July, 2005

German affiliate IGBCE proved instrumental in getting a tyre factory in Mexico reopened. The Continental AG plant in the western Mexican state of Jalisco was closed in 2001, idling 1,400. Working with several NGOs and the United Steelworkers of America (USWA), IGBCE convinced Continental to sell the plant to a group of Mexican investors and workers as a cooperative. The tyre plant, now called Western Tire Corp./El Salto Tire Factory, will employ between 600 and 700 workers.