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[IEDC] Germany-Based Vehicle Technology Company Plans DeKalb County Expansion

Wednesday, August 5, 2020 12:00am to 12:00am

[IEDC] Germany-Based Vehicle Technology Company Plans DeKalb County Expansion

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AUBURN, Ind. (Aug. 5, 2020) – Continental announced plans today to expand its research and development operations in northeast Indiana, advancing innovative technologies to reduce noise vibrations for the automotive and commercial sectors. To support its growth, the company plans to create more than 45 new jobs by the end of 2023.

“Continental’s decision to expand in DeKalb County continues a long-standing trend of German companies picking Indiana for growth,” said Indiana Secretary of Commerce Jim Schellinger. “With operations all around the world, we're grateful that Continental is choosing to grow in northeast Indiana, developing innovative products that are used across the globe while providing quality career opportunities for Hoosiers."

Germany-based Continental, a manufacturer and distributor of rubber products for a variety of applications, plans to invest more than $4 million to grow its ContiTech Vibration Control business unit in DeKalb County, renovating and equipping a facility at 207 S. West. St. in Auburn. The 100,000-square-foot building will accommodate the consolidation of existing technical centers in Canada and Michigan, while supporting the company’s efforts to increase efficiencies in its anti-vibration systems. Continental plans to be fully moved into the facility by the end of 2024.

Continental operates more than 80 locations and employs approximately 46,000 workers across North America, including roughly 470 across its multiple Indiana locations. To support its northeast Indiana growth, the company will begin hiring for positions in testing, prototype, design and product development. Interested applicants may apply online.

“We are excited and grateful about this opportunity to grow in the region,” said Scott Bykowski, head of research and development for vibration control technology and noise insulation for Continental North America. “Thank you to the Continental management team as well as state and local governments in Indiana for their strong partnership and support throughout this process.”

Continental specializes in vibration control technology and noise isolation for the automotive industry, developing products and systems to optimize in-car vibration and noise levels as well as sealing systems for applications in chassis, brakes and steering. In 2019, the technology company acquired its Auburn location from another major automotive manufacturer. The facility has a long history in the community dating to 1896 when it was operated by Auburn Rubber Corp. Continental operates production sites as well as development and application engineering centers for its vibration control technology and noise insulation solutions in Brazil, China, France, Germany, India, Mexico, Slovakia and the U.S.

“The City of Auburn is excited and very thankful to Continental and its leadership team for selecting our community for this consolidation," said Auburn Mayor Michael Ley. "This investment can be seen as an extension of the lineage of the Auburn Rubber Company. We welcome them to our community!”

The Indiana Economic Development Corporation (IEDC) offered the company up to $650,000 in conditional tax credits based on its plans to create up to 46 new jobs in Indiana. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. The city of Auburn approved additional incentives at the request of the DeKalb County Economic Development Partnership.

Indiana is home to more than 1,000 foreign-owned business establishments like Continental, which support more than 203,000 quality jobs. Germany is Indiana’s second-largest source of foreign direct investment, with approximately 120 Germany-based companies employing more than 15,100 Hoosiers.

About Continental
Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transportation. In 2019, Continental generated sales of €44.5 billion and currently employs about 240,000 people in 59 countries and markets.

ContiTech is one of the world’s leading industry specialists. The Continental business area offers its customers connected, environment-friendly, safe and convenient industry and service solutions using a range of materials for off-highway applications, on rails and roads, in the air, under and above the ground, in industrial environments, for the food sector and the furniture industry. With around 46,000 employees in more than 40 countries and sales of some 6.4 billion euros (2019), the global industrial partner is active with core branches in Asia, Europe and North and South America.

About IEDC
The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, helping businesses launch, grow and locate in the state. Governed by a 15-member board chaired by Governor Eric J. Holcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov.

-30-Media Contacts:
Anthony DiGiacobbe (Continental) – 330.664.7124 or Anthony.Digiacobbe@continental.com
Erin Sweitzer (IEDC) – 317.296.2556 or esweitzer@iedc.in.gov

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