Creative buys stake in flood wall product
BALTIMORE — Financially troubled SWI Mitigation Services Inc. has stepped aside in the push to develop plastic flood walls, selling its interest to Baltimore rotational molder Creative Plastics Inc.
Creative Plastics is now the only company authorized to make and market the flood walls in the United States, said Tom Eckert, Creative's national sales manager.
Previously, both firms held licenses but were cooperating in product development. However, SWI Mitigation ran out of money and is currently the target of an investigation by Wyoming authorities into possible securities fraud.
Neither company would disclose how much Creative paid for SWI's license.
SWI will become a sales agent for Creative, Eckert said.
SWI President and Chief Executive Officer David Kreycik resigned and was replaced by Michael Johnson, SWI announced Aug. 1.
Meese introduces durable retail display
ASHTABULA, OHIO — Custom rotational molder Meese Orbitron Dunne Co. has designed and developed an oversized, one-piece, point-of-purchase display to withstand the abuse of the retail environment.
The stand, which was built for a building products manufacturer, features molded-in inserts and graphics and multilevel surfaces to display information. The setup offers an alternative to POP displays that hold loose brochures and specification sheets.
It is molded from linear low density polyethylene in forest green. The company claims the stand is scratch- and stain-resistant and retains its deep color without fading.
The product was designed at Meese Orbitron's Ashtabula facility.
``It attracts attention, drives purchasing, comes fully assembled and maintains its luster over time,'' said John J. Pape Jr., vice president of Meese Orbitron.
Meese Orbitron, which has four facilities, operates 17 rotational molding machines, both independent-arm and fixed-turret carousels. The firm specializes in seamless items, such as a one-piece cross-linked polyethylene fuel tank for use in boats and other waterborne vessels, and various storage tanks for industries that include lawn and garden and sporting goods, said company spokesman Paul Entin.
Meese Orbitron, which is headquartered in Saddle Brook, N.J., recorded 1996 rotomolding sales estimated at $20 million, placing it 13th on Plastics News' ranking of North American rotational molders.
The firm said it is in the process of expanding its plant in Madison, Ind. Although Entin would not provide details on that plant expansion, he said the company expects to add both machines and employees there.
Meese Orbitron also has a plant in Montebello, Calif.