Continental Automotive Systems Inc. will relocate production of its sensors and actuators from Europe and Asia to its plant in Seguin, Texas, according to an announcement made by Gov. Rick Perry. The company's $113 million capital investment will create 300 new jobs, he added.
Recognized as one of the world's largest automotive industry suppliers, Continental manufactures engine, transmission and hybrid control units at its Seguin plant. Its parent company, Continental AG, has facilities in Houston and Uvalde.
Since January 2010 the Seguin plant has grown from about 660 employees to more than 1,340 today--more than doubling its workforce, according to a local official. When all the new employees are hired, that number will increase to nearly 1,700.
Continental SVP Kregg Wiggins said this major announcement "would not have been possible without the strong support of, and collaboration with," the state of Texas and Texas Enterprise Fund [it's investing $1.2 million into the project], the Seguin Economic Development Corporation, the City of Seguin and Guadalupe County officials.