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DALTX Real Estate > DFW Real Estate News > Continental Tire to Build Expansive Distribution Center in Fort Worth with $69M Investment
DFW Real Estate News

Continental Tire to Build Expansive Distribution Center in Fort Worth with $69M Investment

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In the US, Continental Tire is putting up an extra warehouse for tires in Fort Worth Texas as a way of expanding its operations. The new facility which will be at 10101 Old Burleson Road and occupy a space of about 753,000 square feet at the beginning is expandable to 1. 26 million square feet!. It is expected that the construction work of this project will kick off in September 2024 while the operationalization is planned for the year 2026.

Courtesy of Continental Tire

The investment in this project amounts to $69 million and it is meant to improve customer support infrastructure. Through this expansion project under taken by Hillwood – Project Road Trip Continental will be able to keep more than eight hundred thousand tires within close reach of its customers especially those living at Dallas Fort worth whereby it identified from their integrated network study that there are significant traffic flows inbound for distribution purposes!.

This will represent Continental’s initial attempt to fully control any American distribution of its own brand premium products into aftermarket sector with reference made towards sustainability goals over mere growth strategies alone. It comes complete with state-of-the-art features like solar panels while still falling in line with reducing company’s environmental footprint. By 2050 they hope that all their suppliers will also achieve zero emissions target.

The tire division of Continental employs over 56,000 people globally & produces tires for different kinds of vehicles (e. g., cars, trucks, buses, motorcycles). This new location forms part of Continental’s plan to enhance effectiveness while streamlining its supply chain on a global scale.

The corporation shows no signs of slowing down its investments into R&D as well as eco-friendly production: today there are twenty manufacturing sites and sixteen research facilities that develop alternative raw materials or technologies!.

Having started off back in 1871 as a small business entity, Continental has now become one among top multinational tire producers worldwide!. Currently it trades across fifty six nations employing approximately two hundred thousand individuals. During 2023 business turnovers were estimated to be around €41. 4 billion out of which €14 billion came from selling tyres only.

Hillwood is currently developing “Hillwood – Project Road Trip,” while GSR Andrade Architects based out of Dallas are responsible for planning it. Specifically located within Risinger/35 Logistics Park, this distribution centre forms part & parcel growing network facilities found towards Southern side within Fort Worth municipality area!. There has been significant development such as additional warehouses like one owned by Dick’s Sporting Goods measuring approximately 800K sq ft & Samsung leasing out premises covering about 670941 sq ft.

By choosing to construct its first ever owned distribution center within Fort Worth city center the significance of Dallas-Fort Worth region cannot be overstated from an operational viewpoint!. It will also cover passengers who buy new light truck tires apart from focusing on what type customer buys them through Road Hazard Coverage program which has gained popularity among many people there.

The new distribution center is just one of the measures that Continental has put in place as part of its wide plan to enhance its presence in the North American market. In addition, this project will set standards for other automation and green energy projects.

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TAGGED:Continental TireDallas-Fort WorthDFW InvestmentHillwood
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