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

North American robot sales set record

July 30, 2014 4:46 pm ET

The North American robotics sector is off to its fastest start ever, shattering last year's first-half record, with a first-half 2014 of 14,135...    More

Image

Sainsbury, Schoeller Allibert to recycle food handling crates

July 30, 2014 1:37 pm ET

British retail group Sainsbury's has contracted Dutch recycler Schoeller Allibert BV to reprocess all of its old food crates back into food-grade...    More

Image

Bankruptcy court confirms GSE reorganization plan

July 29, 2014 4:01 pm ET

The U.S. Bankruptcy Court in Wilmington, Del., has confirmed the reorganization plan for geomembranes maker GSE Environmental Inc.    More

Image

Reynolds considering sale of Closure Systems International unit

July 29, 2014 10:32 am ET

Packaging giant Reynolds Group Holdings Ltd. has put its closures business under review.    More

Image

Acquisition expands Rieke Packaging's stake in Asia

July 28, 2014 4:39 pm ET

Diversified rigid packaging components producer Rieke Packaging Systems now has a bigger footprint in Asia.    More

Market Reports

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

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

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

More Events