Landis picks Ariz. for site of fifth plant
CHICAGO RIDGE, ILL. — Landis Plastics Inc. plans to construct a plant in Tolleson, Ariz., later this year.
The injection molding and printing plant will serve West Coast customers. Vice President Gregory Landis said it will take about 90 days for the firm to complete its purchase of the land.
This plant will be the fifth for the Chicago Ridge-based molder of thin-wall packaging. According to Plastics News and industry estimates, Landis had 1,000 employees, 88 injection presses and sales of $126 million last year.
Freedom Plastics buys pipe-making peer
FORT PIERCE, FLA. — Freedom Plastics Inc. of Janesville, Wis., has bought Fort Pierce-based World of Plastics Inc.
Both companies extrude pipe. Freedom specializes in PVC water and sewer products, while World of Plastics specializes in irrigation applications.
Freedom Plastics tied for 47th place in Plastics News' 1996 ranking of North American pipe, profile and tubing extruders, with sales of $35 million for the year ended March 31, 1996. World of Plastics was not ranked.
Industry sources said the deal was sealed May 13. Company officials confirmed the sale, but declined to give any more information at press time.
Lacey Mfg. constructing $3 million plant
BRIDGEPORT, CONN. — Injection molder Lacey Manufacturing Co. Inc. will break ground this summer on a 35,000-square-foot, updated molding and assembly plant that will cost $3 million.
The new plant, scheduled for completion in March, will be across the street from the existing, 120,000-square-foot plant and headquarters in Bridgeport.
The company, which also has a facility in Shelton, Conn., will consolidate in Bridgeport, moving some 75 jobs and 20 Engel molding machines, with clamping forces of 30-60 tons. No new jobs will be added at this time, the company said.
Lacey is a contract manufacturer of high-precision metal stamping, injection molded plastic components, machined ball bearing retainers, and metal/plastic assemblies supplied to the health-care industry. The company is a subsidiary of FAG in Schweinfurt, Germany. A spokesman would not disclose sales.
Shea will head Rubber Manufacturers
WASHINGTON — Donald Shea, former president of the Council for Solid Waste Solutions and group vice president of the American Plastics Council, has been named president of the Washington-based Rubber Manufacturers Association.
Shea, who currently is president of the United States Chamber of Shipping, takes over RMA May 19. Shea succeeds Thomas Cole, RMA said in a May 15 announcement.
Rubber & Plastics News, a sister publication to Plastics News, reported that Luke Schmidt, president of the National Association for Plastic Container Recovery, turned down the RMA job. Schmidt did not confirm or deny that report.
The Chamber of Shipping represents owners, operators and charterers of ocean-going vessels in legislative and regulatory matters. Shea took over there in 1996.
RMA was founded in 1915 and includes more than 100 member companies and affiliated organizations.
M.A. Hanna to acquire Sadolin facility
CLEVELAND — M.A. Hanna Co. of Cleveland has agreed to buy the Sadolin Masterbatch plastic color and additive concentrates business from Akzo Nobel Inks A/S. The deal is scheduled to close at the end of May.
Hanna will take possession of Sadolin's Glostrup, Denmark, manufacturing facility. Sadolin's annual sales are about $6 million.
The companies would not divulge terms of the agreement.
Dow buying Eastman Thanol business
MIDLAND, MICH. — Dow Polyurethanes, a unit of Midland-based Dow Chemical Co., agreed to purchase the Thanol polyols business of Eastman Chemical Co. of Kingsport, Tenn.
No manufacturing assets are included in the sale, which is scheduled to be finalized by the second quarter. Terms were not disclosed.
Thanol's largest use is in rigid spray-applied PU foam commercial and industrial roofing and perimeter wall insulation.