Wabash National Corporation to expand operations to Minnesota with advanced composites manufacturing facility
Wabash National Corporation, a diversified industrial manufacturer and producer of semi-trailers and liquid transportation systems, plans to invest more than $3m into a manufacturing facility in Little Falls, Minnesota in the USA, as part of a $10m longer-term plan to expand production operations for molded structural composites (MSC).
Chief Executive Officer, Dick Giromini said: “In support of the continued success of our strategic growth and diversification efforts in advanced composites, we’re making this next step in our multi-year development plan to commercialize molded structural composites for select parts of the trailer and truck body markets. We want to express our appreciation to Little Falls Mayor Zylka and city officials for their support on this project. We look forward to joining area businesses as an economic contributor and community supporter.”
President and Chief Operating Officer, Brent Yeagy said: “We remain committed to transforming Wabash National into a more diversified industrial company with a broader array of products and services. Our expanding portfolio of composite offerings is instrumental to that goal. The expansion of our MSC manufacturing capabilities, as well as our new licensed ThermHex honeycomb core composite technology that we announced last year, highlight this growing competency in advanced composites.”
Wabash National expects to create more than 100 jobs in Little Falls over the next five years, while continuing to grow its other composites manufacturing operations in Lafayette and Frankfort, Indiana. The company expects to take ownership of the property in April 2017.
For more information visit www.wabashnational.com
13th March 2017