ContiTech Plant in Mount Pleasant, Iowa Announces $7.2 Million Expansion
MOUNT PLEASANT, Iowa, Jan. 11, 2016 – 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,” said 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 said that construction work will begin in late first quarter of 2016 and be completed by the end of the year. The facility primarily manufactures industrial hose as well as hoses for the transportation industry.
