New Markets Tax Credit Coalition

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  • Norfolk,
  • NE
  • (2018)

Continental Tire

District: Michael Flood (R-NE01)

The NMTC supported a $9.3 million expansion of the rubber mixing operations at its Continental Tire's industrial hose plant in Norfolk.

Investment

  • NMTC Amount: $9,300,000
  • Total Project Cost: $9,300,000

IMPACT

  • 30 FTE jobs

CDEs

Investor

Project Description

The NMTC supported a $9.3 million expansion of the rubber mixing operations at its Continental Tire’s industrial hose plant in Norfolk. The company added 30 more jobs as part of the expansion. The expansion is designed to accommodate its North American manufacturing facilities by providing rubber for industrial hoses and whitewall tires for passenger cars.

External Profile

MAP

Address: 2701 West Omaha Avenue, Norfolk, NE 68701

Census Tract: 31119961100

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