Continental Structural Plastics will invest $18.3 million to add a paint line to its Carey, Ohio, composites plant to expand its capabilities for customers.
CSP currently supplies automakers with Class A sheet molded compound parts from Carey. The paint line will allow it to provide a wider variety of finished panels, the Auburn Hills, Mich.-based company said in a Nov. 18 news release.
When the expansion is complete, the plant will have 362,000 square feet of manufacturing space with 25 compression presses, a quick die change bond cell, two long-fiber thermoplastic direct processing machines and the full paint system. CSP expects to hire 50 additional employees when the new facility is online by the summer of 2015.