Continental Structural Plastics to invest $ 13M in Louisiana composites manufacturing facility
Auburn Hills, Mich.-based automotive supplier Continental Structural Plastics announced a $ 13.3 million, 22,000-square-foot expansion on its Sarepta, La., Facility, which manufactures undercarriages, bumpers and other items for cars and trucks.
CSP will invest $ 12.1 million in the project and the North Webster Parish Industrial District will add $ 1.2 million for building improvements at its business park, a July 7 news release said.
About $ 4 million of the investment will go toward construction and about $ 9 million will go toward equipment, Kim Zitny, director of global communications for CSP, told Plastics News in an email.
“As we evaluated our operations in terms of where to add capacity, expanding this facility, implementing additional automated cells and providing additional quality jobs to the Sarepta community was the logical choice,” Steven Rooney, CEO of CSP, said in the release.
The expansion, which will add capacity for compression molding of composite components, will create 33 jobs and is expected to be complete in April 2022.
“Our Sarepta, La., Facility is a model for our organization in terms of safety, our workforce and our efforts to automate our processes,” Rooney added. “We have an incredible, dedicated workforce in Sarepta, and when you add to that the tremendous partnership we have with the local community and the North Webster Parish Industrial District, it really is a win-win for CSP and the community.”
CSP manufactures lightweight composite products for vehicles and industrial applications.