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

Cascade Engineering founder Keller to step down as CEO

September 16, 2014 8:33 pm ET

Cascade Engineering Inc. is undergoing a transition as President Mark Miller will also add the role of CEO, replacing founder Fred Keller, who has...    More

Image

Canadian, Mexican injection molders form auto supply joint venture

September 16, 2014 2:26 pm ET

A new automotive parts manufacturer will open in Querétaro, Mexico, through a joint venture between Canadian automotive supplier Papp Plastics and...    More

Image

Increased capacity in the US helps Zeon Chemical supply seals globally

September 16, 2014 9:46 am ET

The automotive industry continues to be one of the driving forces of Zeon Chemicals LP., which specializes in heat-resistant and oil-resistant...    More

Image

Vanee Foods adding hot-fill line

September 15, 2014 1:55 pm ET

Vanee Foods Co. expects to have a new hot-fill bottling line operational at its Broadview, Ill., facility by the end of this month.    More

Image

ZF finalizes deal to buy TRW, creating another global auto supply giant

September 15, 2014 1:09 pm ET

TRW Automotive Holdings, in a supply chain megadeal that has been in the works since mid-July, said Sept. 15 it has agreed to be acquired by German su...    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

Upcoming Plastics News Events

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

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

More Events