For Immediate Release Contact: Mark Wickersham
Nov. 16, 2012 260-356-5688
Continental Structural Plastics Plans $6.9 million expansion
Huntington County Economic Development client Continental Structural Plastics, Inc. (CSP) has announced projects with a total investment of $6.9 million and creating as many as 149 net new jobs by 2015. Company CEO Frank Macher joined the local economic development community in making the announcement on Wednesday.
CSP currently has 286 associates working at the Huntington facility and hopes to grow to nearly 435 as a result of projects related to the announcement. The Indiana Economic Development Corporation and the City of Huntington offered incentives associated with aspects of the comprehensive efforts, primarily supported by a contract with General Motors to produce the exterior body of the next-generation Chevy Corvette.
“It’s exciting to know that when anyone looks at the legendary Chevy Corvette and says, ‘Wow! That looks awesome!’ the parts creating that emotional response were made in Huntington, Indiana,” said Mark Wickersham, executive director of Huntington County Economic Development. “Corvette buyers and collectors are very detailed-oriented and uncompromising on quality. CSP is the best in the business at producing perfect parts. This level of quality says a lot about Huntington County and the regional workforce.”
The City of Huntington is proud of its automotive heritage and bullish about the future of the automotive industry—especially that of CSP.
Likewise, Macher is proud of his Huntington team and the community. He told the Indiana Economic Development Corporation and the media, “Much has been achieved since our start-up three years ago. The partnership we have with the State of Indiana and the City of Huntington has been remarkable. The business-friendly policies and low-tax environment have made continued investment in our Huntington plant a very easy decision.”
Wickersham concluded, “Less than four years ago, this was an empty building. No jobs. No tax base. No activity. Now, it’s home to a world-class Tier I automotive manufacturer, building parts that visibly define some of the finest vehicles in the history of the U.S. auto industry. We couldn’t be more proud of CSP and excited about this opportunity.”
The Huntington CSP plant also produces parts for the Lincoln MKS, Ford Raptor Pickup, Chevy Volt and Fisker Karma.