Continental Structural Plastics breaks ground on facility in Seguin, Texas
The 200,000 square-foot composite automotive component manufacturing facility is expected to open by 2021.
A rendering of the new facility. Source | Continental Structural Plastics
Composite automotive component manufacturer Continental Structural Plastics (CSP, Auburn Hills, Mich., U.S.) broke ground on Oct. 1 for a new manufacturing facility in Seguin, Texas. This new facility, located near Interstate 10, Rio Nogales Drive and 8th Street, is expected to be fully operational by 2021.
CSP and its parent company Teijin (Tokyo, Japan) are investing approximately $70 million to construct the 200,000 square-foot facility, which will reportedly result in the creation of 200 production, engineering and administrative jobs. CSP says the facility is being built to support future growth and to help the company maintain its competitive advantage. This location will become CSP’s 19th global manufacturing facility (its 14th in North America), and the Teijin Group’s 25th global composite component manufacturing facility.
CSP selected the Seguin location for its newest manufacturing plant based on availability of a skilled workforce, proximity to a number of customer and potential customer facilities in Texas and surrounding states, and a variety of incentives and abatements offered, including a land grant and tax abatement from the City of Seguin and a Texas Enterprise Fund (TEF) grant from the State of Texas, in exchange for specific capital investment and workforce commitments by CSP.
“We continue to see growth opportunities for our advanced composite and multi-material components globally, so we’re making sure we have the manufacturing capabilities necessary to meet our customers’ needs,” says Steve Rooney, CSP CEO. “We are truly grateful to the State of Texas, the City of Seguin and Guadalupe County for the support we’ve received in initiating this project, and we look forward to being an active member of the Seguin community.”
Related Content
-
ASCEND program update: Designing next-gen, high-rate auto and aerospace composites
GKN Aerospace, McLaren Automotive and U.K.-based partners share goals and progress aiming at high-rate, Industry 4.0-enabled, sustainable materials and processes.
-
Cryo-compressed hydrogen, the best solution for storage and refueling stations?
Cryomotive’s CRYOGAS solution claims the highest storage density, lowest refueling cost and widest operating range without H2 losses while using one-fifth the carbon fiber required in compressed gas tanks.
-
Plant tour: Joby Aviation, Marina, Calif., U.S.
As the advanced air mobility market begins to take shape, market leader Joby Aviation works to industrialize composites manufacturing for its first-generation, composites-intensive, all-electric air taxi.