MOUNT VERNON, Ill. (AP) — The maker of Continental and General brand tires says it's investment of $224 million into its southern Illinois plant will mean more than 440 new jobs.
Continental Tires the Americas made the announcement at its Mount Vernon factory, saying the full-time jobs will be added over the next three years.
The company cites increasing demand in North America and South America for its tires for passenger vehicles and light trucks. And Continental says its decision also was based on incentives the state of Illinois has given to the company.
Of the investment, Continental says $171 million will be spent on new machinery, with the remainder invested in building and infrastructure improvements.
The plant's yearly output should rise by nearly 4 million tires.