ST. DAMIEN, QUEBEC-Custom injection molder and extruder IPL Inc. was awarded three automo-tive parts contracts by Mytox Manufacturing of Concord, Ontario, a metal components subsidiary of Magna International Inc. of Markham, Ontario. The St. Damien firm will injection mold running boards ranging from 52-86 inches in length using thermoplastic polyolefin, said Normand Mercier, IPL's automotive project manager. IPL will ship them to Mytox for assemblies for Ford 4x4 trucks.
Mercier said the contracts will offset the Ford Escort quarter panel molding that IPL will lose this summer because of an Escort redesign. IPL, a Tier 2 supplier, did not get the new Escort molding work, which went to an undisclosed Tier 1 supplier.
IPL said in a news release that the new contracts will be worth more than C$4 million (US$2.9 million) a year by 1998. It will start molding for one of the contracts this June and begin the other work in mid-1997. It also molds for General Motors Corp. and a range of nonautomotive customers.
Winpak finishes W.A. Lane purchase
TORONTO - Flexible packaging producer Winpak Ltd. completed the acquisition of form, fill and seal equipment producer W.A. Lane Inc. of San Bernardino, Calif., on Jan. 31.
W.A. Lane fits the Winnipeg, Manitoba, firm's packaging films business, which has production plants in Winnipeg and Toronto. W.A. Lane's machinery makes and fills single-service packets for condiments and other foods. It also complements Winpak's Portion Packaging business, which makes plastic sheet for single-service containers and supplies form, fill and seal machinery.
Winpak announced in September an agreement in principle to acquire W.A. Lane. Officials did not disclose terms of the deal or W.A. Lane's sales.
Rotonics preceeds with consolidation
GARDENA, CALIF. - Rotational molder Rotonics Manufacturing Inc. of Gardena announced Jan. 23 it expects to complete consolidating its operations in Deerfield, Wis. and Bensenville, Ill., in this year's third quarter.
Doing so will allow the company to ``realize significant operating benefits and savings,'' the company said.
The company also announced second-quarter earnings of $555,800, or 4 cents per share, on revenues of $8.9 million. This is down from $779,400 or 6 cents per share for the same quarter a year ago.
Rotonics attributed the reduction in profitability to a ``lackluster marketplace coupled with pressures on the company's gross margins due to higher plastic resin costs.''
Earlier this year, Rotonics purchased Custom Rotational Molding Inc. of Arleta, Calif.
In March, Rotonics dropped plans to form a joint venture with Plastinak SA de CV in Mexico, blaming economic and political turmoil in Mexico.
Excel makes switch of stock exchanges
ELKHART, IND.-Common shares of Excel Industries Inc. of Elkhart are being traded on the New York Stock Exchange.
The change from the American Stock Exchange, effective Dec. 12, provides greater visibility to investors, said James O. Futterknecht Jr., chairman and chief executive.
Excel is a designer, manufacturer and supplier of window and door systems to the automotive, truck and recreational vehicle industries.
The University of Central Florida will hold the grand opening of its new Design & Rapid Prototyping Laboratory on Feb. 22 in Orlando, Fla. Tredegar Molded Products Co. of Richmond, Va., provided an SLA-250 3D rapid prototyping machine. 3D Systems Inc. of Valencia, Calif., designed, developed and made the rapid prototyping and manufacturing technology.
Associated Plastic Fabricators Inc. has relocated to its newly constructed, 38,000-square-foot plant at 1018 Tri State Parkway, Gurnee, Ill., tel. (708) 855-0378. The company was in Wheeling, Ill.
The following companies have received ISO 9002 certification: Witt Plastics Inc.'s Greenville, Ohio, extruded plastic sheet plant for the food, medical, electronic packaging, graphic arts, television and appliance industries; New Hampshire Plastics Inc., a Manchester, N.H., polystyrene sheet extrusion and PS color concentrates manufacturer; and Plastech Corp.'s Albuquerque, N.M., injection molding and assembly operation.