German automotive supplier Continental AG (ContinentalAG) U.S. unit said the company plans to its southern Illinois in the United States invested 224 million plant to meet the passenger car and light truck tires Americas rising demand. The company said the investment will make its tire plant in Illinois to have substantial production increase, and will provide more than 400 local jobs.

    Continental Tire U.S. subsidiary, said the start of investment projects, as Continental as part of a global expansion project, its subsidiary Mt Vernon, Illinois (MountVernon) plant will be phased in over three years to recruit 444 employees. Currently, the company has a staff of Illinois, more than 2,500 factories.

    It is reported that the company plans to invest funds in the amount 171 million to update equipment, while the rest will be used to build factories and infrastructure. After the completion of these plants and facilities, the company increased annual production capacity of the tire 3.7 million. The company's current annual capacity of 9.6 million tires.

    Continental said over the past three years, the company's tire sales in North America rose by about 7%.