UPDATE 1-Continental-no U.S. plant closure plans at present

Newswire

(Adds background, shares) FRANKFURT, April 29 (Reuters) - German tyre and car parts maker Continental AG said on Thursday it had no current plans to close any plants in the United States but would limit production at one of its sites. With effect from July 1, the firm plans to cut tyre production at its Mayfield plant in Kentucky to 7,300 tyres per day from 10,900 currently, a spokesman said. He added that the move would affect 200 out of a current 1,150 jobs. "There are currently no ...

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