CTNA investing $78 million in Illinois facility expansion

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Continental Tire North America on June 29 announced about $78 million in new investments for its facility in Mt. Vernon, Ill. The company says these new investments will expand CTNA’s commercial operations significantly and regionalize the company’s commercial tire production to better meet market demand in the United States.

“This is another major investment in our Mt. Vernon facility and one that will allow us to take our commercial operations to a new level,” says Matthias Sch