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

Ford shrinks its supplier 'watch list'

October 20, 2014 1:35 pm ET

Ford purchasing chief Hau Thai-Tang says suppliers are starting to invest in additional production capacity because they think the recovery is real.    More

Image

Plastikon expanding in Kentucky

October 17, 2014 11:24 am ET

Automotive supplier Plastikon Industries Inc. plans to more than double the size of its production facility in Leitchfield, Ky.    More

Image

Chrysler's Busse has a surprise for you

October 16, 2014 6:00 am ET

Chrysler Group's interior design chief Klaus Busse and his team enjoy hiding what they call "Easter eggs" throughout Chrysler Group vehicles for...    More

Image

Yazaki expanding in Romania

October 16, 2014 6:36 am ET

Japanese car parts maker Yazaki Corp. has unveiled plans to open two new production facilities in Romania, reported local business daily Ziarul...    More

Image

French molder betting on growth in the auto industry, Detroit

October 14, 2014 6:00 am ET

Precision French molder AdduXi Group is opening its first factory outside of its home country — in a Detroit suburb — and the top local ex...    More

Market Reports

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

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