Liquid Container plans blow molding plant
WEST CHICAGO, ILL. — Liquid Container LP plans to build a 175,000-square-foot blow molding plant in Racine, Wis., and begin production there by the end of the year.
The West Chicago firm won a five-year contract with Racine-based S.C. Johnson & Son Inc. to be its main supplier of plastic bottles in North America. Products such as Windex, Shout and Fantastik are packaged in blow molded bottles.
Liquid Container officials could not be reached for comment.
The move, part of a larger strategy by S.C. Johnson to consolidate its supplier base, will create about 90 jobs. The Racine plant will be Liquid Container's 10th in North America. The plant site has not been determined, Jim May, S.C. Johnson spokesman, said in a telephone interview.
S.C. Johnson will continue to purchase bottles from three other firms: Monarch Plastics Group in Kenosha, Wis.; Owens-Brockway Plastic Products in Toledo, Ohio; and Plastipak Packaging Inc. of Plymouth, Mich.
Lear sets sights on GM seating division
DETROIT — General Motors' U.S. seating operation is a money loser, but its likely new owner — Lear Corp. of Southfield, Mich. — does not plan any plant shutdowns.
Lear last week signed a letter of intent to buy Detroit-based GM's Delphi worldwide seating operation. One Wall Street analyst pegged the price at about $450 million. Lear executives are reluctant to discuss details until the deal is completed, before midyear.
But Lear Chairman Ken Way offered a few hints on his turnaround plan for the Delphi business. He wants to expand Lear's share of the world's interior parts market to 33 percent, up from 14 percent.
Delphi put the division up for sale last September. Final bidders were among the biggest North American suppliers.
With 7,000 employees and annual sales of $1.2 billion, Delphi's seating operation represents a significant chunk of business — even for a huge supplier such as Lear, which reported sales last year of $7.3 billion.
Viking is window of opportunity for Pella
PELLA, IOWA — Pella Corp. is entering the vinyl window fabrication business by purchasing Viking Industries Inc. of Portland, Ore., for undisclosed terms.
The Pella-based firm is a major producer of wood windows and doors. It said in a Feb. 18 news release that it expects to finalize the Viking purchase March 2. Pella spokeswoman Wendy Gray did not disclose sales for her firm or Viking.
Bob Raichle, Viking's vice president of finance, said Viking does not extrude profiles and sources all of its vinyl extrusions from Mikron Industries Inc. of Kent, Wash. Viking also makes aluminum windows. Pella and Viking are privately held.
Calif. pipe extruder expands with merger
SUN VALLEY, CALIF. — Pipe extruder Plastic Services and Products Inc. of Sun Valley has doubled the number of its production plants and added an international component with a merger deal.
Plastic Services announced it merged Jan. 23 with Lidco Inc., a drainage pipe manufacturer with plants in Brawley, Calif., and Mexicali, Mexico.
The combined company will remain a division of Plastic Services' parent, PMC Global Inc. of Sun Valley.
Plastic Services ranks 130th on Plastics News' list of pipe, profile and tubing extruders with 1996 sales of $7.4 million. The merger brings Plastic Services' employee count to 75, up from 50 reported in 1997. The firm has eight extrusion lines at two plants. Lidco has not been ranked in Plastics News since 1995.
Suiza may offer stake in packaging unit
DALLAS — Suiza Foods Corp. is considering a public offering of a minority equity interest in its packaging operations late this year or early next year.
The Dallas-based dairy firm noted its consumer goods plastic packaging operations will grow substantially as a result of its pending purchase of Continental Can Co. Inc. of Syosset, N.Y.
``Upon consummation of the recently announced agreement to acquire Continental Can, Suiza will immediately establish a solid position in the consumer goods packaging industry complementing our already strong position in the dairy industry,'' Gregg L. Engles, Suiza chairman and chief executive officer, said in a news release.