News
Continental Tire breaks ground for Mississippi plant
Output from the Clinton, Mississippi plant will eventually supplement existing truck tire production from Continental's Mt. Vernon, Illinois facility, which is now at capacity of 3.2 million tires per year. Construction will formally begin in 2018, with the first tires coming off the line in late 2019.
Feds promise $10B to get goods to market
OTTAWA, ON - The federal government's fall economic statement includes billions of dollars for new infrastructure, and creates a Canada Infrastructure Bank that will look to maximize investments in "growth-oriented" projects. About $10.1 billion is pledged to help bring Canadian goods to global markets over the next 11 years. "Right across Canada, infrastructure projects are creating good jobs while ensuring stronger communities," Finance Minister Bill Morneau said. "But we're not done. Not even close."