Eagle Suspension to Move into Old Cornerstone Plastics Facility in Durant - KTEN.com - No One Gets You Closer

Eagle Suspension to Move into Old Cornerstone Plastics Facility in Durant

From news release:

Dallas Spring Corporation is pleased to announce that it has chosen Durant, Oklahoma as the location for its new leaf spring manufacturing plant. The new company, which will be known as Eagle Suspensions Inc, will occupy the former Cornerstone Products manufacturing building on West Arkansas Street.

Durant was chosen over several other locations after an extensive search in the north Texas area. The Durant Industrial Authority worked very closely with the management of Eagle Suspensions in order to bring the plan together. "Without the persistence and hard work of Team Durant, the new company would never have re-located to the area", said Wayne Robinson, president of Eagle Suspensions. "We were extremely impressed with the support that we received from Team Durant and the entire community to make this project happen."

"Eagle Suspensions choosing Durant is another homerun for our economic development team. Mr. Robinson and the Eagle Suspensions management team have chosen Durant for its "Boomtown USA" pro-business philosophy and its friendly rural Oklahoma workforce. The Durant City Council, led by Mayor Tomlinson, City Manager Paul Buntz, the Durant Area Chamber of Commerce, the Durant Industrial Authority Chairman John Cathey, and the Durant Industrial Authority worked strategically with the Oklahoma Department of Commerce in recruiting this large manufacturing company from Blenheim, Ontario, Canada." said Tommy Kramer, Executive Director of the Durant Industrial Authority.

Eagle Suspensions will be taking advantage of several incentive programs that make Durant a very attractive location to do business. An addition to the existing building, a longer rail spur, and a new natural gas line will all begin construction in July. When completed, these additions will allow for the most efficient handling of the steel bars that will be used to manufacture a complete range of leaf springs for all sizes of trucks. The leaf springs will be shipped to several original equipment truck manufacturers and to Dallas Spring Corporation, its North American aftermarket distributor.

The installation of equipment in the 200,000 square foot plant will begin in July, and production will start in September. Employment at the plant will be phased up to 70 people by January 2007, and projected growth over the next three years is expected to increase the workforce to well over 150 employees.

Eagle Suspensions is proud to be able to make a quality American product in Durant. The total investment in the launch of the new plant will be $10 million. The positive business environment in Durant and our modern production facility will combine to make our new company a competitive force in the industry.