ContiTech Announces $7.2 Million Plant Expansion

ContiTech has announced a $7.2 million expansion of its industrial hose plant in Mount Pleasant, Iowa, responding to the increasing demand for industrial hoses in the NAFTA region.“We have plans to add 30,000 square feet to our plant, and that includes an additional production line which will increase our total floor area and our capacity by 20 percent,” says Rick Anderson, plant manager. “We anticipate that the expansion will enable us to add about 12 to 14 workers.”Purchased in 1977, the plant currently employs slightly more than 200 workers. Anderson says that construction work will begin in the late first