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Continental plans to expand its off-road tyre capacity in Lousado, Portugal. It will invest $114 million. The production may start before the year end. After the expansion, a 73-year-old plant will continue producing tyres with a diameter of over 24 inches. The new production hall will be built adjacent to the radial agricultural tyre facility opened in 2017, the company has said. However, additional capacity is unknown yet.
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