Herbold is dead, long live Herbold! Sutton, Mass.-based plastic granulator supplier New Herbold Inc. was incorporated Jan. 5, six days after Herbold Granulators USA Inc. officially was dissolved as expected, according to Dom-enic Antico, vice president and general manager of the new company.
Meanwhile, the Herbold brothers who are the former owners of the liquidated U.S. operation and of that unit's bankrupt German parent company, continue to re-establish themselves as a separate operation in Germany, and are poised to sign a North Carolina firm to represent them in the United States.
Antico stressed that New Herbold, a subsidiary of Mecke-sheim, Germany-based Neue Herbold Maschinen- und Anlagenbau GmbH, is a new and sepa-rate company from the previous U.S. firm, which he headed for the past three years.
That firm's new parent, Neue Herbold, itself came into being Oct. 2, after several former employees of the soon-to-be-defunct, Meckesheim-based Herbold GmbH formed a buyout team and proceeded to acquire most of that company's sales, distribution and marketing assets while also securing rights to use the Herbold name and former German firm's logo.
Neue Herbold ``will design, manufacture and sell equipment in cooperation with the former Herbold GmbH in receivership until March 31, 1996,'' according to Josef Remiger, one of the buyout team's lead partners.
``Beginning in April this year, Neue Herbold GmbH will undertake its own design and manufacture of size-reduction and recycling equipment,'' Remiger said in a Jan. 22 statement.
Additionally, said Antico, the new management team continues to seek to acquire the Herbold GmbH technology and technical drawings currently owned by the Herbold brothers' mother, Irmgard Herbold, but that matter is not likely to be resolved before April.
At an interview during the K'95 show in Dusseldorf, Germany, in early October, Antico indicated the new U.S. company would be relocating to New Providence, R.I. That plan has been postponed for now, he said in a Jan. 17 telephone interview, but will take place - possibly later this year.
At present, New Herbold Inc. consists of three people - Antico, technical manager Mike Valliere and office manager Beth Caparelli. All three held similar posts at the former U.S. company. Antico said he expects to hire a regional salesperson and a part-time clerk by June.
He added that Neue Herbold already has begun to ship to the Sutton site granulating machines made by the parent company in Meckesheim.
Antico said he has canceled ``for logistical and economic reasons'' his previously announced plans for the new U.S. company to exhibit at the Plastics Fair Dallas trade show Feb. 13-15. According to Remiger, New Herbold expects to make its trade-show debut in June at Plastics Fair Chicago.
Meanwhile, brothers Karlheinz and Werner Herbold, longtime owners of the Herbold GmbH operation that filed for bankruptcy last April, continue to establish in Germany their new company, Herbold Zerkleinerungstechnik GmbH. That firm intends to sell both new and used size-reduction equipment, and has named Uwe Maier, Herbold GmbH's former U.S. service manager, as its sales manager.
Siegfried Engel, a senior official with Herbold Zerkleine-rungstechnik, noted in a Jan. 23 statement that his company will be represented in the United States by Tex America Inc. of Charlotte, N.C., a 20-year-old firm already active in selling waste-recovery equipment.
Tex America's founder and president, Ken Hawn, expects to complete the sales-agency arrangements when in Germany in mid-February, according to Tex America salesman Phil Lail. The two parties met at the K'95 show, Lail said.
Engel, meanwhile, said proceedings to wrap up the financially troubled Herbold GmbH should be concluded by the end of March.