CSP Project Brings Economic Spark to Huntington

Posted: Updated:
The company will build next to its current Huntington plant. The company will build next to its current Huntington plant.

The manager of a Michigan company's Huntington operations says a $33.5 million expansion is a testament to the region's "second to none" work force. Jerry Reid will join Huntington Mayor Brooks Fetters and Indiana Economic Development Corp. President Jim Schellinger for a groundbreaking this morning at Continental Structural Plastics. Reid says new product lines sparked the need for the project, which could result in up to 180 new jobs.

Fetters believes the expansion marks the largest single capital investment by a company in the city's history. Last month, he told Inside INdiana Business that Huntington beat out other communities for the expansion thanks to the region's work force and economic development efforts. Fetters also credits the city's quality of life and easy permitting processes.

CSP, which makes plastic components for vehicles, currently has about 320 employees in Huntington. Reid expects that to grow to close to 500 workers by the end of 2020. He says the company is hiring for positions including technical support, hourly floor workers and salaried engineers.

The groundbreaking ceremony is set for Tuesday at 10:45 a.m. Others scheduled to take part include CSP Chief Executive Officer Frank Macher, President Steve Rooney and Chief Financial Officer Jon Smith. The manufacturer is acquiring six acres of land to add about 130,000 square feet of manufacturing space.

The expansion comes as Huntington continues to reel from Connecticut-based United Technologies Corp.'s decision to relocate manufacturing operations from its Huntington operations to Mexico, eventually leaving about 700 without a job.

Reid says the expansion shows the MIchigan-based company's commitment to Indiana.
  • Perspectives

    • Hope is Not a Plan

      This is sobering. A local business broker in Indianapolis reports nine out of 10 business owners who want to sell are turned away. Of the one in 10 that does make it past the first analysis to sell, over half of those company owners don’t get the sale price they hope for or believe the business is worth. Bottom line, hope is not a plan if you want to sell your business.



  • Most Popular Stories

    • State Revenues Continue Higher in September

      Indiana revenue in September exceeded projections by nearly six percent, coming in at $1.7 billion. The Indiana State Budget Agency reports General Revenue funds last month were 5.6 percent above projections in April and 6.3 percent higher than September 2018 revenue. 

    • Central Indiana Red Cross Names Executive Director

      The American Red Cross has named Britt Sutton the new executive director for its Central Indiana Chapter. Sutton previously served as the director of policy for the Indiana Bureau of Developmental Disabilities Services, specializing in administrative law and policy composition for the Indiana Medicaid Home and Community Based Services Waiver programs. 

    • On-Air

      Find out when and where you can watch and listen to our reports.

    • Lauren Petersen and Johna Norton

      United Way Names New Board Members

      United Way of Central Indiana has elected Lauren Petersen (pictured) and Johna Norton (pictured) its newest board members. Petersen currently serves as TechPoint’s senior director of relationship management. She graduated summa cum laude from Ball State University in 2011 where she earned a bachelor’s degree in urban planning and development. Norton serves senior vice president, Global Quality for Eli Lilly and Co.  

    • (Image courtesy of Sun King Brewing Co.)

      Sun King Brewery to Offer 'Lobstah & Chowdah'

      Indianapolis-based Sun King Brewery has chosen a food partner for its new Broad Ripple location and it should appeal to people who enjoy New England seafood.  The brewery is teaming up with FK Restaurant Group LLC of Indianapolis, which will offer a new restaurant concept called Offshore.