Plastic Omnium to invest $300 million in the United States to expand its Production Capacity

Plastics OmniumPlastic Omnium, the world leader in automotive exterior components and modules, automotive fuel systems, and waste container solutions, launches the construction of two additional plants in the United States  after constructing new plants in Chattanooga (Tennessee for Volkswagen) and Fairfax (Kansas for General Motors). All large exterior painted body parts for the BMW X3, X4, X5, X6 will be delivered from Greer (South Carolina) plant under construction and future models at the BMW plant adjacent to Plastic Omnium. The BMW plant will also supply Volvo in South Carolina and Daimler in Alabama. Fuel systems for a Japanese car maker will also be produced in the new Tennessee plant of Plastic Omnium. These two state-of-the-art plants will come in production mode in mid-2018.

Plastic Omnium will be investing $300 million in the construction of 4 new plants in the United States in a period of 3 years, which will employ nearly 1,000 people. Plastic Omnium’s market share will increase in North America with the additional production capacities in the US. The Group has contributed a revenue of $1.4 billion in 2016 and the new plants will help the company to increase its revenue contribution in the US. In addition to this, the Greer plant will be Plastic Omnium’s pilot “4.0 plant”, designed to improve still further the industrial processes, quality, robotization, standardization, and competitiveness. The construction of these production units is part of the €2.5 billion investment program planned by the Group for the period 2016-2020, to consolidate its position of world leader in its two automotive divisions – exterior equipment (15% global market share) and fuel systems (21% global market share). Plastic Omnium has 128 plants and 23 R&D centers in 31 countries worldwide.

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