THE PORTOBELLO LODGE NO.226
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CSP currently has 286 full time employees in Huntington and has already begun hiring additional production, logistics, engineering and administrative associates.
Compression molding manufacturer adds jobs in Huntington
CSP's announcement is the most recent in a series of automotive manufacturer expansions. Just this past month, auto parts suppliers TRIN, Hitachi Powdered Metals (USA), VOSS Automotive and Tsuda Industries announced expansion plans in the Hoosier State. The companies will cumulatively create more than 280 jobs and invest more Nike Vapormax Flyknit Pink than $1.24 million in their Indiana operations.
Founded in 1969, today CSP employs more than 1,890 people at six production facilities across the Midwest. The tier 1 automotive supplier specializes in compression molding and provides products and services to automotive manufacturers including Adidas White Sweatshirt
products for other General Motors and Ford vehicles, is expected to be operational by spring 2013.
"CSP is very proud of the accomplishments of our team in Huntington," said Frank Macher, chief executive officer of CSP. "Much has been achieved since our start up three years ago. The partnership we have with the state of Indiana and city of Huntington has been remarkable. The business friendly policies and low tax environment have made continued investment in our Huntington plant a very easy decision. We are pleased to manufacture products for the newest model of one of America's most iconic vehicles the Corvette at our Huntington facility."
The Indiana Economic Development Corporation offered Continental Structural Plastics, Inc. up to $300,000 in conditional tax credits and up to $50,000 in training grants based on the company's job creation plans. These tax credits are performance based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Huntington will consider additional property tax abatement at the request of Huntington County Economic Development.
"CSP has made a huge impact in our city in a very short period of time as one of our newest and largest employers," said Huntington Mayor Brooks Fetter. "It's an honor for me to serve as mayor of the city which produces the bodies for the Chevy Corvette and other well known cars like Lincoln MK S and parts for Chevy Volt. I am very proud of the team at CSP and really appreciate their commitment to Huntington."
Continental Structural Plastics, Inc. Renovations on the facility, which currently manufactures Adidas Fleece Pants Men's
to our work in preserving a low tax, pro business environment," said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation.
"CSP's growth reflects the proven strength of the Hoosier State's automotive industry, a sector hard hit by the sluggish national economy. However, the industry is on the rebound with Indiana leading the recovery thanks Adidas Jacket Originals
Chrysler, GM, Ford and Toyota, in addition to supplying non automotive markets.
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