ContiTech Beefs Up Industrial Belt Business on American Market
CRP Industries Inc. sells ContiTech belts for industrial applications / Long-term partnership in the automotive aftermarket / Customers profit from larger dealer network and technical competence
(PresseBox) - The ContiTech Power Transmission Group, Hanover, Germany, is stepping up its engagement in North America. Together with its main distributor in the U.S., CRP Industries Inc., Cranbury, New Jersey, the company intends to further expand its market shares on the North American continent. In the future the American dealer will also be handling drive belts for industrial applications. The two companies have been successfully working together in the automotive aftermarket for over 50 years now.
From now on North American customers will be able to obtain ContiTech's full portfolio of industrial drive belt products through CRP, who will itself be stocking timing belts. Just this year, CRP opened a new 11,000 m² warehouse and administration building to keep stride with the company's relentless growth. "CRP Industries' top position on the market offers us an excellent basis for expanding our market activities," says Konrad Müller, general manager at ContiTech Power Transmission Group. "Customers profit from CRP's extensive dealer network and its outstanding technical competence born of years of experience in the field."
The history of CRP Industries Inc. is closely intertwined with that of ContiTech. The company is an off-shoot of Conti Rubber Products Inc. Adam T. Schildge founded the company in 1954 to help establish a foothold in the U.S. for products from the Hanover, Germany-based component supplier. Today CRP Industries is managed by the third generation of the family in the person of Daniel N. Schildge.
The ContiTech Power Transmission Group develops, produces and sells belts, components and complete belt systems for the automotive industry and many other industries worldwide. The company offers over 10,000 sizes for industrial applications alone, including high-performance timing belts, V-belts and V-ribbed belts.
With targeted annual sales of ?25 billion for 2010, Continental is among the leading automotive suppliers worldwide. As a supplier of brake systems, systems and components for powertrains and chassis, instrumentation, infotainment solutions, vehicle electronics, tires and technical elastomers, Continental contributes to enhanced driving safety and global climate protection. Continental is also a competent partner in networked automobile communication. Continental currently employs approximately 146,000 in 46 countries.
The ContiTech division holds a global market leadership position for many non-tire rubber products and is a specialist in plastics technology in the non-tire rubber sector. The division develops and produces functional parts, components and systems for the automotive industry and other important industries. The division has a workforce of approximately 25,000 employees. In 2009, it achieved sales of approximately ?2.4 billion.
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With targeted annual sales of ?25 billion for 2010, Continental is among the leading automotive suppliers worldwide. As a supplier of brake systems, systems and components for powertrains and chassis, instrumentation, infotainment solutions, vehicle electronics, tires and technical elastomers, Continental contributes to enhanced driving safety and global climate protection. Continental is also a competent partner in networked automobile communication. Continental currently employs approximately 146,000 in 46 countries.
The ContiTech division holds a global market leadership position for many non-tire rubber products and is a specialist in plastics technology in the non-tire rubber sector. The division develops and produces functional parts, components and systems for the automotive industry and other important industries. The division has a workforce of approximately 25,000 employees. In 2009, it achieved sales of approximately ?2.4 billion.
Datum: 18.11.2010 - 10:41 Uhr
Sprache: Deutsch
News-ID 1020170
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