Plastic Omnium investing $11.5 million to expand in South Carolina

By Rhoda Miel
News Editor

Published: November 6, 2013 4:47 pm ET
Updated: November 6, 2013 4:49 pm ET

Related to this story

Topics Automotive, Blow Molding

Plastic Omnium SA is preparing to launch its second expansion in Anderson, S.C., to meet demand for its automotive exteriors, investing $11.5 million and adding 75 jobs for its Plastic Omnium Automotive Exteriors LLC unit.

Anderson County officials are considering an economic development tax incentive package that will help the company finance the project. The county introduced legislation for the expansion Nov. 5.

Specific timing for the expansion was not released.

Plastic Omnium has been molding parts in Anderson since the late 1990s. The same industrial park that houses the auto exterior group also is home to Plastic Omnium-owned Inergy Automotive Systems, which blow molds fuel tanks.

Plastic Omnium provides both fuel tanks and bumper fascia to BMW AG, which is in the midst of a $900 million, 1.6 million-square-foot expansion in nearby Spartanburg, S.C. BMW also is building a new transportation hub specifically to turn South Carolina into a global export hub.

BMW has 170 suppliers in North America, 40 of them in South Carolina alone, including the two Plastic Omnium facilities.


Comments

Plastic Omnium investing $11.5 million to expand in South Carolina

By Rhoda Miel
News Editor

Published: November 6, 2013 4:47 pm ET
Updated: November 6, 2013 4:49 pm ET

Post Your Comments


Back to story


More stories

Image

Lund adds to aftermarket auto products portfolio with buy of Bushwacker

January 29, 2015 2:49 pm ET

Lund International Inc. has expanded its portfolio of plastic aftermarket vehicle accessories by acquiring Bushwacker Inc.    More

Image

Plastics News Now: Losing weight with style, plastics in the Dragons' Den

January 29, 2015 6:00 am ET

A 19-year-old entrepreneur brings business to a U.K. injection molder after winning support on TV's Dragons' Den, auto suppliers combine...    More

Image

African equity fund invests in Kenya's General Plastics

January 28, 2015 4:24 pm ET

An African investment fund specializing in agriculture has invested in Kenyan packaging firm General Plastics Ltd. to provide funds to expand in the...    More

Image

Plastics help Volt hit new target

January 28, 2015 1:54 pm ET

The 2016 Volt, unveiled at the North American International Auto Show in Detroit in January, features a sportier exterior design — GM calls it...    More

Image

Bain buying TI Automotive

January 27, 2015 8:49 am ET

After months of speculation, Auburn Hills, Mich.-based TI Automotive Ltd. entered into an agreement Tuesday to be acquired by private equity firm Bain...    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events