$15 million CAPEX
50 Jobs Added
50,000 Square Feet
The Economic Development Corporation of Utah (EDCUtah), Sevier County, and the Governor’s Office of Economic Development (GOED) are pleased to announce that CSS Composites is expanding. The company projects capital expenditures of $15 million and up to 50 jobs coming to Richfield, Utah.
CSS Composite manufactures high-performance bicycle wheels and rims. As an Original Equipment Manufacturer (OEM), CSS manufactures cycling products for brands utilizing Fusion Fiber™ technology that CSS developed. For two years, the company has developed a new material and process of manufacturing Fusion Fiber in Gunnison, Utah.
“CSS represents the cross-section of two of Utah’s targeted industries – advanced materials and manufacturing, and outdoor products,” said Dan Hemmert, executive director of GOED. “This expansion supports growth in two critical sectors while bringing jobs and economic diversity to Sevier County, making this announcement very compelling.”
Some 30 jobs are relocating to Richfield, where CSS is building a 50,000-square-foot, highly automated manufacturing center that is expected to be complete in September 2021. As part of the process, the company secured funding through a Private Activity Bond from the Department of Workforce Services and the Rural Jobs Act, working with Enhanced Capital. CSS expects to add another 20 jobs in Richfield by the end of 2022.
“It’s a cutting-edge tech center. Our team has developed a new manufacturing process with faster processing times that allow us to produce recyclable composite wheels, a first in the market,” said Jimmy Seear, CSS Composites co-founder. “We’re able to be price competitive while offering a substantially better product than is being produced by an Asian factory, thereby bringing manufacturing back to North America. We have been extremely thankful for the supportive environment the state of Utah offers to businesses to help them grow.”
The company is looking forward to tapping the Richfield area labor pool, as well as taking advantage of the site’s ease of access to the nearby I-70 interstate highway, Seear said. “State and local government have been extremely supportive. We’re also working with Snow College and the Sevier School District to develop workforce curricula to augment our internal training programs. We’re excited for the job growth potential this expansion brings to rural Utah.”
“Central Utah will be able to support CSS because we have the educational and technical training resources to train a labor pool the company can draw from for years to come,” said Malcolm Nash, Sevier County economic development director.
“The management and ownership team of CSS has its roots in aerospace, cycling, and advanced manufacturing industries. Their experience and vision will accelerate the growth of advanced manufacturing in the central Utah region,” said Theresa A. Foxley, president and CEO of EDCUtah.
Stephanie Pack, business development manager, led this project for EDCUtah.
For more information, visit csscomposites.com.
For more information on this or other projects, contact Colby Cooley, vice president of business development, at 801-323-4250, firstname.lastname@example.org.