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

Report: Suspected former Nazi with plastic connection collecting Social Security

October 20, 2014 3:52 pm ET

AKRON, OHIO — A one-time plastics executive in Akron is among dozens of suspected former Nazis who have been collecting U.S. Social Security...    More

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

Molder expands in France with new clean room

October 20, 2014 1:30 pm ET

Global Closure Systems (GCS), a global injection molding producer, showed off its new ISO 7 clean room at its Astra Plastique factory in France...    More

Molder goes to auction block

October 17, 2014 12:17 pm ET

An Illinois custom injection molding operation will be auctioned off after its owner decided to close the business.    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

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