Continental invests 1.6 million Euro in new process technology at German site
Technology company Continental is investing some 1.6 million Euro in its production facility in Dannenberg, Germany, towards the manufacture of industrial drive belts and infrastructural upgrades to its manufacturing processes.
The company’s decision was made in light of increasing demand for drive belts for use in wind turbines for eco-friendly power and in response to steady growth in online trade and the correspondingly greater demand for high-bay warehouses and storage and retrieval equipment in the intralogistics sector.
The investment is in part going towards the manufacture of newly developed drive belts for wind turbines. At its Dannenberg site, Continental produces belts for the Chinese wind turbine manufacturer Xinjiang Goldwind Science and Technology. For adjusting rotor blade pitches, Goldwind uses a drive system without any gear box or hydraulics. Inside the belt, galvanized steel cords are coated with polyurethane, which is particularly abrasion-resistant.