Continental has combined its global activities in the special-purpose tire market, which now includes construction.
The business areas of Commercial Specialty Tires, Two Wheel Tires, and Hoosier Racing Tire are combined in the new business unit. As a result, the entire Continental specialty tire business will be developed, manufactured, and distributed worldwide under the umbrella of the new unit. Markets include material handling, agricultural, port, and construction sectors, as well as bicycle and motorcycle tires and tires for racing.
Wolfgang Thomale, 30 years with the company, is responsible for the new business unit. Thomale reports directly to Christian Kötz, head of the Tires business area and member of the Executive Board of Continental AG.
“With the new business unit, we are following the path we embarked on to consistently align all activities in the Tires business area with the customer,” Kötz said in a prepared statement. “We are merging niche segments with highly specialized requirements on the part of customers in order to develop solutions and services even more quickly and flexibly and to gradually expand our product range in the interests of our customers.”
Source: Continental