RIVERSIDE, Mo., April 28, 2015 /PRNewswire-USNewswire/ -- The Kansas City Area Development Council announced today that US Farathane LLC, a leading source of plastics manufacturing that has supplied the automotive industry for more than 40 years, will locate its newest manufacturing operation in Riverside, Missouri, part of the greater Kansas City area. The company will hire 267 over the next three years, and will invest $51.6 million.
"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 the KC region puts US Farathane in a great position to better serve our customers and expand our presence in the automotive industry," said Andy Greenlee, president of US Farathane.
US Farathane evaluated sites in five states before selecting a 220,000-sq.-ft. spec building in the Horizons Business Park in Riverside. The primary product to be manufactured at the facility is a highly technical injection molding that improves function and reduces weight and complexity. US Farathane will ship primarily to the Kansas City region, but also will use Kansas City as a central hub for certain product lines. The Riverside facility will primarily supply the GM Fairfax plant in Kansas City, Kansas.
"The Kansas City region is the second largest auto market based on trade with Canada and Mexico and we are thrilled to add another automotive supplier to our strong industrial economy," said Bob Marcusse, president and CEO, Kansas City Area Development Council. "US Farathane joins a growing automotive cluster that is putting KC on the map as a major hub of American manufacturing."
The Kansas City area is home to large-scale manufacturing operations for both GM and Ford, which have expanded to become the region's largest manufacturing employers.
About US Farathane
Auburn Hills, Michigan-based US Farathane has been a leading source of plastics manufacturing, supplying the automotive industry for over 40 years. Through highly technical research and development, coupled with a diverse and knowledgeable management team and dedicated associates, US Farathane has continued to grow each year. US Farathane is a privately held company with annual sales above $500,000,000. The company employs more than 2,700 and has ten U.S. manufacturing locations. http://www.usfarathane.com/
About KC SmartPort
KC SmartPort is the authority on logistics and opportunities in the 18-county, bi-state Kansas City region. KC SmartPort is affiliated with the Kansas City Area Development Council, the regional economic development organization for the 18-county Kansas City metro. www.KCSmartPort.com
About Greater Kansas City
Home to 2.5 million people, the Kansas City region offers the benefits of more than 50 unique communities and 18 counties in Kansas and Missouri. Called "America's Creative Crossroads," the region's distinctive qualities come from a confluence of artistry and innovation. Contact KCADC to learn more about business and career opportunities in the Greater KC area. www.thinkKC.com
SOURCE Kansas City Area Development Council