Continental Structural Plastics will be investing $40 million in their North Baltimore plant (formerly known as the Budd Company).
The investment will lead to over 200 new jobs, in the plant that currently has just over 200 working at this time.
In 1973 Duralastic, Inc. originally built the plant at 100 Poe Road, on the east side of NB. It is later purchased by the Budd Company and then Thyssen Krupp and, in 2006, it was bought out by Continental Structural Plastics (NB Historical Society website: www.northbaltimorehistory.org).
The plant has been rumored to be closing several times over the past couple of decades, with the plant actually shutting down and equipment moved to other locations, on at least one occasion. This expansion is good news for North Baltimore, who is just at the beginning of a hoped for resurgence in growth, both in population and economically.
The expansion was announced at a Wood Country Commissioners meeting by Wade Gottschalk, Wood County Economic Development Director.
Here is an NBX post from Sept. 2016: Teijin Limited acquires CSP