Gettig Technologies set for liquidation

By Frank Antosiewicz
Correspondent

Published: March 7, 2013 12:16 pm ET
Updated: March 7, 2013 12:18 pm ET

Related to this story

Topics Injection molds, Design

SPRING MILL, PA. -- The assets of Gettig Technologies Inc. and its associated companies including Stelrema Corp. are being auctioned this month as part of a U.S. Bankruptcy Court Chapter 7 liquidation.

Gettig, which was formed in 1952, had the ability to do everything from design to prototyping, tooling, molding, assembly and packaging. Its family of companies included Gettig Engineering & Manufacturing, Gettig Pharmaceutical Instrument, Stelrema Corp., Beacon Tool Corp. and GPI Aviation Inc.

Spring Mill-based Gettig had stressed its ability to go from "a sketch on a napkin" to mass production.

The company closed at the end of 2012. It cited an inability to maintain large capital investments in a receding economy.

The Branford Group along with Hurley Auctions of Greencastle, Pa., will conduct two online auctions. Equipment slated for sale in Knox and Angola, Ind., include 18 injection molding machines, seven vertical shuttle and insert molding machines and eight rubber molding machines.

"They are clean facilities, well maintained and there is something for everyone in that they manufactured both plastic and rubber," said James Gardner, a partner in the Branford Group LLC, of Branford, Conn.


Comments

Gettig Technologies set for liquidation

By Frank Antosiewicz
Correspondent

Published: March 7, 2013 12:16 pm ET
Updated: March 7, 2013 12:18 pm ET

Post Your Comments


Back to story


More stories

Image

Canada's Papp Plastics is eyeing big opportunities with JV in Mexico

November 24, 2014 4:11 pm ET

Canadian injection molder and turnkey solution provider Papp Plastics & Distributing Ltd. will open an $11 million to $12 million joint venture...    More

Image

Netstal, Electra Form team up for PET preform partnership

November 20, 2014 3:15 pm ET

The Netstal division of Krauss-Maffei Corp. is teaming up with Electra Form Industries in a partnership to offer PET preform machines and molds as a...    More

Deimling/Jeliho expanding molding, mold making operations

November 19, 2014 3:18 pm ET

Deimling/Jeliho Plastics Inc., a custom thermoplastics injection molder and contract manufacturer located in Amelia, Ohio, is expanding its molding...    More

Image

Cy Plastics invests in machinery, space

November 19, 2014 2:17 pm ET

Seeking a more efficient configuration, custom molder Cy Plastics Inc. invested over $500,000 in the past year, adding more machinery including a 350-...    More

Image

Illinois mold maker adds machinery, renovates to improve work flow

November 18, 2014 1:23 pm ET

Injection mold maker Industrial Molds Inc. is adding $1.7 million in new machinery, the company has announced.    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

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

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events