SDN, September 30, 2019

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Volume 54, Number 190 830-379-2234

T h e Vo i c e of Seguin To d a y

Texas Governor announces latest business deal in Seguin during trip to Japan

Groundbreaking for new manufacturing plant set for Tuesday on Interstate 10 By Cindy Aguirre-Herrera (Seguin) -- Groundbreaking plans are already in place tomorrow for the construction of a new composites manufacturing facility in Seguin. The announcement of the Continental Structural Plastics or CSP plant was made on Friday in Japan. On hand to do the honors in Tokyo was Texas Governor Greg Abbott. Abbott says CSP, a Teijin Group Company, is a world leader in lightweight composite technologies, including glass and carbon fibers, thermoplastics, and thermosets. Abbott says the project will create 200 new jobs and more than $65 million in capital investment. "I am proud to welcome Continental Structural Plastics to the Lone Star State, and look forward to the important role they will play in the Texas success story," said Governor Abbott. "Thanks to their investment, Texas will continue to lead the way in job creation, innovation, and economic prosperity." Helping shed more details behind this business deal for the city is Josh Schneuker, executive director of the Seguin Economic Development Corporation. Schneuker says first off, Continental Structural Plastics should not be

mistaken as being part of Continental Automotive already here in Seguin. Instead, it's the first Texas facility for the company which largely operates facilities in the Midwest/Mid Atlantic area. "CSP is actually headquartered in Auburn Hills, Michigan and they are going to be building about 200,000 square feet of manufacturing space on the SEDC's property directly in front of Niagara Bottling so if you have driven by there in recent days, you've probably seen a substantial amount of construction underway already. They were very eager to get started but they actually are going to be manufacturing pick up boxes at that facility primarily supplying some of their customers in the San Antonio area like Toyota and they also have other customers throughout Texas that are in the automotive industry and throughout the southeast as well," said Schneuker. Schneuker says the CSP deal with Seguin was announced at the end of last week's visit in Japan by the governor. He says the visit was dubbed as a mission trip in which the Governor brought an array of Texas business leaders to the table for possible future negotiations with Japanese companies. Schneuker says he too was honored to be among the cast of Texas leaders. See PLANT, page 3

Gary Belzung GBA Leadership (210) 540-7997 • gbelzung@gbaleadership.com

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Dr. Jun Suzuki, president and CEO of Teijin, left, thanks Texas Governor Greg Abbott for the ability to do business across the globe. Teijin is the umbrella company for Continental Structural Plastics. The company will be building the city’s latest manufacturing plant on IH 10. Courtesy photo.

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