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

MGS buying N.Y. medical molding plant from Hospira

April 17, 2014 10:19 pm ET

MGS Manufacturing Group is purchasing the Buffalo, N.Y., injection molding facility and related product line of Hospira Inc., effective July 1. Terms ...    More

Image

German auto supplier Dr. Schneider opens second US plant

April 17, 2014 12:57 pm ET

Dr. Schneider Kunststoffwerke GmbH, a German supplier of plastic interior auto parts, has opened a $29 million manufacturing plant in Russell Springs,...    More

Image

Envision begins production of compostable, bio-based tablecloths

April 17, 2014 12:17 pm ET

A line of eco-friendly party supplies and tableware now will include compostable tablecloths made by a Wichita, Kan.-based nonprofit that provides...    More

Image

Adding flavor to capture sales

April 16, 2014 4:03 pm ET

Water bottles increasingly are designed and molded with filters and infusers to hold fruit, vegetables or herbs to give water a different taste.    More

Obituary: Shirish Patel, former Newell Rubbermaid purchasing director

April 16, 2014 3:55 pm ET

Shirish Patel, former director of purchasing at Newell Rubbermaid Corp. and a longtime plastics industry veteran, has passed away at age 70.    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Automotive Market Review and Outlook 2014 The Americas

This 75-page report features in-depth analysis of the automotive industry for the Americas. It includes discussions of market trends, legislative/regulatory activity impacting production and threats as well as design strategies being implemented by the major automakers. Detailed charts and data tables outline North American automotive production over the last five years.

Learn more

Plastics Building & Construction Market Review and Outlook 2014 with MS Excel chart data

This report provides in-depth analysis of the plastic building and construction market for North America, including discussions of trends, opportunities, threats and the latest developments in construction trends that impact plastics processors.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

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

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events