AIM’s Manufacturing Jobs Act of 2010 continues to pay dividends.
Tuesday, leading plastic manufacturer U.S. Farathane announced that it was opening its first Missouri production facility in the Kansas City suburb of Riverside. The company says it will spend more than $51 million to set up its operation that should employ 267 people in the next three years.
Based in Auburn, Mich., U.S. Farathane has been a leading source of plastic manufacturing, supplying the automotive industry for over 40 years. Designing and producing highly engineered plastic injection-molded components for both functional and decorative parts, the company supplies products to OEMs around the world. U.S. Farathane employs more than 2,700 employees nationwide and with the addition of the Missouri facility, U.S. Farathane will have 11 U.S. manufacturing locations.
“Riverside is right in the heart of the action—it’s close to OEMs, it has an experienced workforce, and a business-friendly environment. Expanding to Missouri puts U.S. Farathane in a great position to better serve our customers and expand our presence in the automotive industry. We’re very excited about the opportunities available for us here,” said Andy Greenlee, President of U.S. Farathane.
U.S. Farathane will lease space at the Riverside Horizons Business Park, joining auto suppliers Martinrea and Yanfeng USA, which both have manufacturing facilities on the west side of the complex.
The company’s new 220,000 sq. ft. facility will increase capacity, improve transportation efficiency, and positions U.S. Farathane with a central location. Through a $51.6 million investment, U.S. Farathane will retrofit the space and purchase equipment and machines needed to produce highly technical injection molded plastic parts for the Chevrolet Malibu, assembled at the GM plant in Fairfax, Kansas. The Riverside facility will also manufacture black functional interior plastic parts for the Missouri-made Ford F-150 pickup truck and all-new Transit van, both of which are assembled at Ford’s Claycomo Plant in Kansas City. The new facility is expected to be fully operational by October of this year.
U.S. Farathane is yet another example of the type of businesses in the automotive sector that are being attracted to Missouri since the passage of AIM’s Auto Manufacturing Jobs Act during the Special Legislative Session of 2010. U.S. Farathane becomes the eighth automotive parts supplier to make an investment in Missouri in the past two years.
The state partnered with a number of organizations to attract this company to Missouri, including the Missouri Partnership, the Kansas City Area Development Council, Platte County Economic Development Council, the City of Riverside, NorthPoint Development, Arco Construction, KCP&L, Metropolitan Community College, and KC SmartPort.