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Continental Automotive to Add Sensor Production

February 2, 2012

The company will invest more than $113 Million in its Seguin, TX facility to enable new automotive sensor production.

SEGUIN, TX /PRNewswire/ -- Leading global automotive supplier Continental announced that it will invest more than $113 million in its Seguin, TX, manufacturing facility with the addition of new automotive sensor production. This investment will mean the Seguin facility will be the first outside of Asia and Europe to manufacture these components, and will create approximately 300 full-time jobs over the next five years.

"Today's announcement would not have been possible without the strong support of and collaboration with the state of Texas, Seguin Economic Development Corporation, City of Seguin and Guadalupe County officials," said Kregg Wiggins, senior vice president, NAFTA Powertrain division for Continental. "We truly appreciate their support and look forward to expanding our business in this region."

With the investment, Continental will become Seguin's largest employer. The Seguin facility currently employs more than 1,300 and manufactures powertrain control modules for some of the world's leading automotive manufacturers. One in five vehicles sold in the U.S. include Continental engine controllers manufactured in Seguin. The addition of the sensor production will support business with current and new customers. The facility is located on North Austin Street in Seguin.

"We were able to make this investment because of the excellent team we have in place in Seguin," said Scott Williams, plant manager. "Their performance and commitment to our customers allows us to continue to grow in this community and expand our talented workforce."

Continental will use its existing facility space to add the production, including the purchase of new equipment, facility renovations and building of a clean room within the Seguin facility.

About Continental
With sales of euro 26 billion in 2010, Continental is among the leading automotive suppliers worldwide. As a supplier of brake systems, systems and components for powertrains and chassis, instrumentation, infotainment solutions, vehicle electronics, tires and technical elastomers, Continental contributes to enhanced driving safety and global climate protection. Continental is also an expert partner in networked automobile communication. Continental currently has approximately 164,000 employees in 45 countries.

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