The 2020 Mid-Year Economic Update_long

ContiTech Expands in Mexico

Company forms partnership with Applied Industrial Technologies and subsidiary.

ContiTech, Fairlawn, OH, a division of Continental AG, Hanover, Germany, announced that Applied Mexico S.A. de C.V. and subsidiary RODENSA Mexico S.A. de C.V. have completed a product changeover to ContiTech as a primary supplier in Mexico for industrial hoses, hydraulics, power transmission belts and certain other products.

Applied Mexico – the Mexican division of Applied Industrial Technologies, Cleveland, OH – is one of the largest industrial distribution networks in Mexico, with 22 facilities that provide industrial products for maintenance, repair and operational needs.

"This is a significant achievement for ContiTech,” said Jim Hill, NAFTA CEO of ContiTech. "It will enable us to continue our growth plans and increase our market share in Mexico. We value our expanded partnership with Applied. ContiTech and Applied Mexico share a mutual long-term strategy with a focus on aggressive growth."

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