Economic Development Deal of the Year Honorable Mentions
Continental Structural Plastics (CSP) of Indiana broke ground in May for a $33.5 million expansion of their facility in Huntington, IN.
The project involves constructing a 135,000-square-foot addition to their existing 203,000-square-foot facility. The addition will be on six acres and should be completed before the end of 2017. The expansion includes new production lines for structural and Class A components.
A team effort to secure the expansion of CSP’s Indiana facility in the Riverfork Industrial Park in Huntington included support from the Huntington County Economic Development Corporation, the Indiana Economic Development Corporation, the Huntington County Board of Commissioners and the City of Huntington.
CSP, based in Auburn Hills, MI, is a pioneer in composite materials. The company produces lightweight Class A automotive body panels, offer a high strength-to-weight ratio, boost to fuel efficiency and won’t corrode or degrade when chemically exposed.
Their Class A body panels are found on iconic U.S. automobiles such as the Chevy Corvette, Lincoln MKZ, Ford Raptor Pick-ups and the Chevy Volt.