Injection molder Amaray buys Infiniti

By Michael Lauzon
Correspondent

Published: August 16, 2013 3:01 pm ET
Updated: August 20, 2013 11:58 am ET

Related to this story

Topics Medical, Consumer Products, Injection Molding

Amaray has expanded its stake in home-entertainment packaging by acquiring Infiniti Media Inc. of Los Angeles.

Infiniti has an injection molding facility in Paducah, Ky., that produces packaging for media such as CDs and DVDs. Amaray is relocating the manufacturing assets to its Elizabethtown, Ky., injection molding plant.

"The Infiniti acquisition demonstrates Amaray's continuing support of the media market as it transforms and consolidates," said Ted Brown, Amaray North America vice president and general manager, in an Aug. 15 news release.

"Infiniti's highly automated manufacturing assets are of excellent quality and provide press sizes that are not currently in our asset portfolio, which will help facilitate our growth in new product categories and new markets."

Amaray's main markets have been media, personal care, beverage and health care.

The company's 200,000-square-foot Elizabethtown plant and warehouse has 40 presses with clamping forces ranging from 110-450 tons. It is large enough to accommodate Infiniti's presses, officials said in an email. Infiniti's presses range up to 660 tons.

Amaray also operates an injection molding manufacturing plant in Pittsfield, Mass., that includes 28 presses from 80-420 tons and a mold shop in a 75,000-square-foot building.

Elizabethtown will have 46 presses when the relocation is done, bringing Amaray's North American total to 76.

Brown said the Infiniti purchase will improve efficiency and increase Amaray's capacity by 35 percent.

He did not know how many presses will be relocated to Elizabethtown.

Amaray also has molding plants in Corby, England, and Freden, Germany. It is a business unit of ASG, formerly known as AGI-Shorewood Group. The latter company was formed by the merger in early 2012 of AGI World and Shorewood Packaging. AGI-Shorewood changed its name in early 2013.

ASG of Stamford, Conn., focuses on specialty packaging and printing. Its other markets encompass health and cosmetics, consumer electronics, confectionery and specialty foods, spirits and sporting goods. ASG comprises two legal entities: AGI-Shorewood U.S. and AGI-Shorewood International. Private investment firm Atlas Holdings LLC of Greenwich, Conn., owns AGI-Shorewood U.S. and holds 60 percent of AGI-Shorewood International, with International Paper Co. holding the rest. In total, the two entities employ 3,000 in four global plastics and decorating facilities and 15 folding carton plants.

ASG's injection molding operations are under the Amaray name.


Comments

Injection molder Amaray buys Infiniti

By Michael Lauzon
Correspondent

Published: August 16, 2013 3:01 pm ET
Updated: August 20, 2013 11:58 am ET

Post Your Comments


Back to story


More stories

Image

Ohio molder Denbro Plastics moves to new location

September 29, 2014 6:17 pm ET

Logo products injection molder Denbro Plastics Co. has moved to another plant within Toledo, Ohio, to streamline production and improve efficiency.    More

Image

Global giant Foxconn to make, sell molding machines

September 26, 2014 2:48 pm ET

For years, Taiwan's Foxconn Technology Group has been the world's largest contract manufacturer for electronics, with more than 1 million employees...    More

Image

Nypro Healthcare continues to grow following Jabil acquisition

September 26, 2014 1:59 pm ET

Nypro Healthcare's newest medical device manufacturing facility offers 200,000 square feet of carefully configured Class 8 clean room molding and...    More

Image

England's Essentra buying Abric Berhad

September 26, 2014 11:31 am ET

Packaging firm Essentra plc has announced the planned acquisition of Abric Berhad, a Kuala Lumpur-based manufacturer of security sealing products.    More

Image

Cascade founder believes business can be a place for real change

September 25, 2014 11:06 am ET

Companies can make a difference in a person's life, and Fred Keller, founder of Cascade Engineering Inc., believes it is important that they do.    More

Market Reports

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 industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

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

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

More Events