Continental Tire

New Markets Tax Credit Coalition

Norfolk,
NE
(2018)

Continental Tire

Business Development, Manufacturing, Rural

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

Midwest Renewable Capital

Investor

US Bank

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.

MAP

Address: 2701 West Omaha Avenue, Norfolk, NE 68701

Census Tract: 31119961100

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