New HQ for CTNA

Continental Tire North America (CTNA) will move its corporate headquarters in 2009 from Charlotte, NC, to Lancaster County, SC.

The new headquarters will house approximately 300 employees, while the Charlotte location will remain as a production and warehouse facility, employing 160 people.

CTNA will spend about $11 million in for purchasing land and development of the facility, which will have an area of approximately 75,000 sq. ft. Construction has already begun and is expected to be completed sometime in early 2009.