Wabash National Corporation has announced plans to invest more than $3 million for a manufacturing facility in Little Falls, Minn., as part of a $10M longer-term plan to expand production operations for molded structural composites.
“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,” says Dick Giromini, Wabash’s chief executive officer.
“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.”
Wabash National is purchasing the Little Falls facility from Larson Boat Group. Wabash National selected the Little Falls location as the launch facility for MSC products because of the unique combination of an experienced and highly skilled workforce in composite manufacturing processes, along with a fully equipped and highly engineered facility capable of producing large-size parts at high rates of volume, the company says.
“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,” says Brent Yeagy, president and chief operating officer.
“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.”
