Carey, Ohio- November 18, 2013 —Continental Structural Plastics (CSP), a global leader in light-weight composite solutions, announced today it will add a new $18.3-million paint facility at its Carey, Ohio, plant to support the needs of its OEM customers. The new facility advances CSP’s capabilities in Class-A-Finish paint solutions.
“As one of the few composite companies with a state-of-the-art paint facility for Class-A-Finish body panels, CSP can provide improved delivery and flexibility in meeting high-volume requirements,” said Frank Macher, chairman and CEO of CSP. “This investment represents the commitment of our shareholders, management and employees in providing our OEM partners with industry-leading, high-quality finishing options.”
The Carey plant includes 362,000 square feet (33,630 square meters) of manufacturing space with 25 compression presses, a quick die change bond cell, a water jet machine, two long fiber thermoplastic direct processing machines and a 2K paint system. CSP will hire 50 additional employees when the new paint facility is fully operational by the summer of 2015.
Currently, the Carey plant supplies select OEMs with Class A SMC light-weight solutions, which include CSP’s proprietary TCA material for advanced surface quality and strength retention. CSP’s light-weight composite solutions offer a high strength-to-weight ratio, reducing weight in key components while maintaining the safety and appearance standards important to the automotive and truck markets.
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About Continental Structural Plastics
For more than 40 years, Continental Structural Plastics (CSP) has provided leading-edge technologies in light-weight materials and composite solutions for the automotive, heavy truck, HVAC and construction industries. Headquartered in Auburn Hills, Michigan, CSP holds more than 50 patents covering materials development and manufacturing processes in composite materials formulation, design and manufacturing technologies. For more information, visit www.cspplastics.com.
Contact: Kim Zitny
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