Gloucester picks up business from Mexico

By Angie DeRosa
Conference Director

Published: April 2, 2012 6:00 am ET

Related to this story

Topics Packaging, Film & Sheet, Machinery

ORLANDO, FLA. (April 2, 8:45 p.m. ET) — Gloucester Engineering Co. Inc. (Booth 3343) of Gloucester, Mass., announced that film and sheet extruder Grupo Reyma of Leon, Mexico, is spending more than $6 million on four new monolayer polypropylene sheet lines that will be installed at a new factory in Nogales, Mexico.

Officials made the announcement at a Gloucester news conference Monday at NPE2012. The order was placed on Monday.

Grupo Reyma’s products are used in food packaging including polystyrene foam and PP products, polyethylene bags and cast PE stretch film. The company is owned by the Reyes family. It was founded by Benjamin Reyes more than 40 years ago.

“Our goal is to continue to penetrate the North American market and Gloucester Engineering’s products and service will help us achieve that,” said Rodrigo Reyes, operations director.

Grupo Reyma’s first nanolayer cast film line from Gloucester has been installed in its headquarters factory in Leon. The nanolayer line produces cast stretch co-extruded film with higher than typical five-seven layers of standard multilayer line. The film produced on this line is used in proprietary PE stretch film applications, officials said.

Gloucester also is on the hunt for bolt-on acquisitions, said Michael Ranson, chairman of the board for Gloucester and partner with Blue Wolf Capital Partners LLC in New York. Blue Wolf owns Gloucester. Blue Wolf has $118 million in committed private equity funds and is backed by large pension funds.

“Access to capital is not a problem,” Ranson said in an April 2 interview at NPE.” Gloucester has been and will be a leader in the extrusion industry.”

Gloucester recently acquired blown film specialist Future Design Inc. of Mississauga, Ontario. It has its own exhibit at NPE2012, at Booth 5444.

During the show, Gloucester announced several new technologies including blown film cooling technology for both internal and external cooling. It features increased output, superior bubble stability, better gauge control, in-line volatile extraction capabilities, and manual and automatic profile control. Cooling technology is available for dies from 1” to 100” diameter.

Its blown film die technology features the latest advances including new thermal control capabilities. Other improvements include lower residence times, faster transitions, quicker start up, reduced gauge variation and less overall waste. The company designs and manufactures blown film dies for mono through 9-layer configurations.

Its energy efficient extrusion features a new energy-saving extruder heating package that provides a lower kw/kg energy utilization. The extrusion systems incorporate Gloucester’s Light Grooved feed design for greater process stability and throughput control. They eliminate bridging on small extruders and offer a wide processing window.


Comments

Gloucester picks up business from Mexico

By Angie DeRosa
Conference Director

Published: April 2, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Arburg expands presence in China

October 24, 2014 11:34 am ET

German machinery maker Arburg GmbH + Co KG has expanded its office in Shenzhen, China, making it the company's first competence center for automation ...    More

Image

Investment firm buys Ontario cap molder

October 23, 2014 2:01 pm ET

A company whose varied interests include food and refrigerated transportation businesses is now moving into plastic caps.    More

Image

FTC warns bag makers to take care before making biodegradeability claims

October 23, 2014 12:30 pm ET

Makers of oxodegradable or oxo-biodegradable plastic bags should consider themselves on notice, according to the U.S. Federal Trade Commission.    More

Image

Bemis reports record quarterly profit

October 23, 2014 1:06 pm ET

Bemis Company Inc. saw record per-share earnings from continuing operations during the third quarter, but charges associated with the divestiture of...    More

Image

Packaging specialist Amcor hits sustainability goals ahead of schedule

October 23, 2014 11:15 am ET

Global packaging company Amcor Ltd. has achieved its waste reduction goals two years ahead of schedule, according to the company's new sustainability ...    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events