PHOENIX - Tyco International Ltd., an Exeter, N.H.-based, worldwide manufacturer of packaging materials, disposable medical products and electronic and electrical components, announced last week that it has completed its acquisition of Carlisle Plastics Inc. in a stock-for-stock transaction valued at about $130 million. Phoenix-based Carlisle is a major producer of polyethylene film and sheet, with six plants, 166 lines and related 1995 sales of $235 million. The firm also injection molds hangers at two plants in the United States and one facility in Tijuana, Mexico.
William Binnie stepped down Sept. 11 as Carlisle's chief executive officer. In a telephone interview, he said he plans to take a couple of months off, then ``go build another'' company.
``I did some things right and some things wrong,'' he said, ``so I'll take what I've learned over the past 15 years and do it again, only better.''
Tyco and Carlisle officials met Sept. 12 in Phoenix, but neither side was available for comment. Tyco, which owns Armin Plastics, another major PE film supplier, reported sales of $5.1 billion for the fiscal year ended June 30.
AMELIA, OHIO - Several top executives are out and a new president is in at blown film equipment manufacturer Black Clawson Sano Inc. in Amelia, near Cincinnati.
Carl C. Landegger, owner of the company's parent, Black Clawson Co. of New York, confirmed that his son, Cary Landegger, has been removed as president of Black Clawson Sano.
``My son has now been put in charge of all Black Clawson joint ventures and licensing agreements,'' he said.
The new Black Clawson Sano president is Jim Simcox. He was the former president of Black Clawson's Converting Machines Corp. unit based in Fulton, N.Y., which makes extrusion coating machinery and pelletizing equipment.
``All of us felt that we weren't growing as quickly as we felt our product line entitled us to be growing,'' Carl Landegger said in a Sept. 12 telephone interview from New York.
He also confirmed reports that the company had ``two late deliveries, but that really didn't influence any of these decisions. The decisions were made on the fact that we really weren't growing as fast as we would like to grow,'' he said.
Landegger said four company officials have resigned. He confirmed that one who left was Joseph Altimari, executive vice president: ``We accepted Altimari's resignation,'' he said.
Altimari declined to comment.
ALMA, MICH. - Highland Plastics Inc., an Alma-based sheet extruder, plans to add a 90-inch-wide line, its third, this year.
Highland is investing about $25,000 in the line and adding eight employees. The company's 26,000-square-foot plant will increase by 20,000 square feet. That space, owned by Highland, is occupied, but the extruder will be moved in when the new line is installed.
Highland serves the automotive and boat industries with laminated parts. It reported sales of $3.2 million last year.
CHIPPEWA FALLS, WIS. - Flat-die maker Extrusion Dies Inc. plans to develop commercial dies for film and sheet that fine-tune the melt in the preland section, instead of at the die lips.
Harry Lippert, product development manager, called the ``flexible preland'' system ``a quantum leap in extrusion die technology.'' At a Sept. 11 news conference at its headquarters in Chippewa Falls, EDI said an agreement with the patent holder, Kunststoff-Verfahrenstechnik of Rossdorf, Germany, gives EDI exclusive right to make the dies in the United States.
Lippert said flexible preland dies have been used in Europe in small trials. EDI, which is still in the early stages of development, intends to make large dies for commercial uses.
Lippert said Eastman Chemical Co. of Kingsport, Tenn., is interested in the technology for glycol-modified PET sheet uses.
On a flat die, the preland section handles the pressure and velocity of the melt to make them uniform across the full width of the die. On many conventional dies, however, the die lips are the main way to adjust melt thickness. The flexible preland system gives far greater control in the preland section, tuning the melt before it gets to the die lips, EDI said.