Governor Phil Bryant and executives from Continental Tire the Americas, LLC officially announced that the company is locating a commercial vehicle tire manufacturing plant near Clinton in Hinds County. The project represents a corporate investment of $1.45 billion and will create 2,500 new jobs.
For the project, Continental will construct a multi-million-square-foot facility on Norrell Road off I-20 West in Hinds County. Construction of the facility is slated to begin in 2019.
Governor Bryant said today is truly a great day for the state of Mississippi and our thriving automotive industry as we officially welcome Continental to Hinds County.
“The company’s decision to bring 2,500 new jobs to Central Mississippi speaks volumes about our dedication to developing the workforce of the future, as well as a business environment that spurs growth, expansion and innovation,” Governor Bryant said. “I thank Continental’s Executive Board Member Nikolai Setzer and the entire Continental team for choosing to invest in Mississippi and our citizens. The positive impact this manufacturing plant will have on the region, the state and our automotive industry will be felt for many years to come. I look forward to the company’s success and longevity in Hinds County.”
Nikolai Setzer, Continental’s Executive Board Member for the tire business, said this project is part of their global growth strategy.
“In a first step, the new plant is especially addressing our commitment to grow our commercial vehicle tire business in North America,” said Setzer. “The announcement of a new tire plant in the United States is the second in just five years for Continental. We thank the state of Mississippi, Hinds County and the city of Clinton and Governor Bryant for his leadership in bringing us to the Jackson area, and we look forward to a strong business relationship for years to come.”
On February 4th, the Mississippi Legislature voted on an incentive package in support of the project. Lawmakers approved $263,000,000 through the Mississippi Major Economic Impact Authority for site acquisition and site preparation, infrastructure improvements and workforce training. Of that amount, Hinds County contributed $20 million.