KETTERING, OHIO - Champion Plastics Inc., a Kettering-based injection molding firm, has received a 60 percent state tax credit to expand its operations. The $2 million project, which will be complete in three years, will double the size of the facility to 28,800 square feet. The firm also will hire more employees and buy more injection presses.
The tax program is designed to keep companies in Ohio and to entice companies to move to the state. For eight years, Champion will keep 60 percent of its state withholding tax. Through the city of Kettering, the firm also secured a 10-year, 75 percent personal property tax abatement on its equipment. Champion currently has 18 employees and five injection presses. Within three years, the firm plans to be up to 75 employees and 18 presses with clamping forces of 110-610 tons.
Champion uses all types of engineering resins in making parts for the automotive and consumer products industries.
Rex Tool Die plans $600,000 expansion
VANCOUVER, WASH. - Rex Tool Die & Plastics Co. is building a $600,000 plant in Vancouver.
In September, the custom injection molder will move from a leased building, to a new, 10,000-square-foot plant, almost doubling its space.
Co-owners Rex and Karen Clark said they plan to add as many as 15 workers during the next five years. As for equipment: ``That's the plan, to add presses,'' Rex Clark said. ``But not instantly.''
Currently Rex Tool Die & Plastics operates 11 injection molding presses, with clamping forces of 25-175 tons. It employs 22.
Among its recent products are plastic antenna bases for cellular phones and two-way radios for Larsen Electronics Inc. in Vancouver; drip trays and filter disks for commercial coffee machines for Boyd Coffee Co. of Portland, Ore.; housings for lighting fixtures used in hot tubs and spas; and golf bag components. Karen Clark estimated the company's sales at $2 million.
Premark set to spin off Tupperware
DEERFIELD, ILL. - Premark International Inc. was scheduled to spin off its Tupperware subsidiary as a separate company on May 31.
The Deerfield firm disclosed in November its intention to separate the plastic houseware giant to create value for Premark shareholders. Premark will distribute one share of Tupperware Corp. common stock for every share of Premark. It was to make the tax-free distribution on May 31 to Premark shareholders of record on May 24.
Tupperware, based in Orlando, Fla., molds housewares at Hemingway, S.C., and in several offshore plants. In April it sold its Halls, Tenn., facility which stopped production about three years ago. Early this year it laid off workers at Hemingway, partly because of lower sales in U.S. markets.
PVC mishap affects Flordia Polymers
LAKE MARY, FLA. - Smoke from a burned PVC part led to the May 23 evacuation of the Lake Mary plant of Florida Polymers, a subsidiary of Polymers Inc.
Cole Bailey, vice president of the maker of air and water purification devices, said, ``We overheated one of the machines on a start-up and burned the PVC. There was a little smoking on the machine and a gas smell in the air.
``We had a temporary employee on the machine. We didn't know it but she is an asthmatic and the smoke kind of hit her. We took her outside and quickly evacuated the entire building.''
Bailey said it took Lake Mary fire and hazardous materials officials about an hour to determine the building was safe for employees to return to work. He said the smoke bothered 13 employees. "But everything is back to normal,'' Bailey said.
Berry Sterling appeals patent ruling
WINCHESTER, VA. - Berry Sterling Corp. has appealed a federal court's ruling on a design patent it holds on an injection molded plastic drinking cup.
On April 25, an Alexandria, Va., court found that Berry's patent on a large drive-through-style cup, which fits in a standard car cup holder, is invalid. Berry filed the appeal May 22.
Berry Sterling is the Winchester subsidiary of Berry Plastics Corp. of Evansville, Ind.