The Wyandot County Office of Economic Development is proud to welcome its newest board member, Continental Structural Plastics (CSP). CSP joins the WCOED as a gold level member and will be represented by Carey Plant Controller Mike Ellerbrock. Mr. Ellerbrock has been integral in working with the WCOED on some of its past expansion projects as well as with Village of Carey leadership, and we welcome his experience of the automotive industry to the economic development board.
CSP is a full-service supplier creating lightweight advanced composite materials to produce Class A body panels and other structural components. The local plant in Carey produces components for the automotive and heavy truck industries, but the larger CSP umbrella also offers HVAC, industrial, and other components for the construction industry. CSP has multiple plants around the globe located in Michigan, Ohio, Louisiana, Indiana, North Carolina, Mexico, France and China.
The company was recently acquired by the Teijin Group in January 2017, a Japanese-based group made up of over 150 companies and about 16,000 employees in 20 different countries. As a wholly-owned subsidiary of Teijin, CSP will remain an autonomous operation.
Continental Structural Plastics of Carey underwent a major expansion in 2014 that included the physical expansion of its facility to add a brand new state-of-the-art topcoat system accounting for $18 million in capital investment. CSP also committed to creating 50 new full time positions at the time; a target that the company already surpassed.