Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Continental is investing $109.4mn over three years to build a radar sensor plant in New Braunfels, Texas.


The plant will expand the automotive parts maker’s radar sensor production capacity when it comes online in 2021 and creates close to 130 jobs for the production of driver assistance and advanced driver assistance systems, the latter of which help prevent accidents before they occur. 


Continental’s radar sensor technology is used by American car manufacturers for features such as emergency break assistance, adaptive cruise control and blind spot monitoring.


The company has plants in Asia, Europe and the US, and counts customers across the globe. Moreover, the company forecasts sales to exceed $2.18bn in 2019. In 2017 and 2018, Continent secured orders worth $3.2bn. 


According to Karl Haupt, head of Continental’s Advanced Driver Assistance Systems business unit, the New Braunfels facility is strategically located because customer proximity is important. 


In addition to New Braunfels, Continental also has US facilities in Auburn Hills near Detroit, and in Santa Barbara, California.

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