Plastic Omnium expanding in Tennessee, Kansas

By Kerri Jansen
Staff Reporter

Published: May 27, 2014 9:34 am ET
Updated: May 28, 2014 10:14 am ET

Related to this story

Topics United States, Automotive, Blow Molding, Injection Molding

The automotive exteriors unit of molder Plastic Omnium SA plans to build a new $65 million facility in Chattanooga, Tenn., while its Inergy fuel systems plant will invest more than $5 million in Fairfax, Kan., the company has announced.

Plastic Omnium, based in Levallois, France, will purchase about 27 acres at the Chattanooga Enterprise South industrial park, a news release indicates. The unit supplies plastic exterior parts such as bumpers and fenders for automakers including Volkswagen, which also operates a manufacturing plant at the park.

The company said it will also invest in fuel systems near its customer General Motors Co. in Kansas. Together, the two plants will add up to more than $70 million in production costs abut are estimated to generate $140 million in revenue.

Production in Chattanooga is expected to begin in 2015 and will include painting and assembly of exterior components, the release indicates. The facility will employ 184 initially, with more jobs to be added over the next three years.

When the work on the two plants is completed, North America will account for 27 percent of its total global sales.

In addition, the operations are part of an overall 1.2 billion euro ($1.6 billion) global investment project for Plastic Omnium between 2013 and 2016.


Comments

Plastic Omnium expanding in Tennessee, Kansas

By Kerri Jansen
Staff Reporter

Published: May 27, 2014 9:34 am ET
Updated: May 28, 2014 10:14 am ET

Post Your Comments


Back to story


More stories

Image

Large part molder EnviroTech in 'growth mode,' adds space, equipment

November 26, 2014 9:54 am ET

Salt Lake City-based EnviroTech Molded Products Inc. is adding new equipment and expanding its factory as it gains business in some of its...    More

Image

Visteon in talks to sell its stake in Halla Visteon Climate Control JV

November 26, 2014 9:07 am ET

Visteon Corp. confirmed this morning that it is in discussions with a private equity firm to sell its stake in South Korean joint venture Halla...    More

Image

Globalization brings sizable growth, primarily in Asia

November 25, 2014 1:40 pm ET

In 1990, the year after Plastics News published our first issue, there were 33,000 injection molding machines sold worldwide. Fast forward to 2013,...    More

Image

Uni Cap to build cap molding plant in Jordan

November 25, 2014 12:57 pm ET

The Persian Gulf's largest molder of caps and closures is investing $10 million in a new factory near Amman, Jordan, as part of an effort to boost...    More

Plastics workers nab suspected drug dealer

November 24, 2014 3:46 pm ET

A scene from a 1980s cop show played out in the parking lot of a Cleveland-area plastics firm on Nov. 11, as two employees helped police capture an al...    More

Market Reports

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

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 billion 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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events