Albis workers walk after wage talks fail
PICKERING, ONTARIO — Workers at compounder and distributor Albis Canada Inc. in Pickering went on strike Aug. 16 over disagreements on several issues.
About 60 workers represented by Canadian Auto Workers Local 1090 walked off the job when negotiations begun May 26 broke down. They had been working without a contract since June 30.
Albis General Manager Barry Shama said nonunionized staff members are doing their best to keep the operation going but he did not know when negotiations might resume.
``We presented our final offer,'' Shama said in an Aug. 20 telephone interview.
Pickering plant managers are running it on a limited basis and an Albis operation in Houston is helping to meet demands.
Local 1090 President John Gatens said he had no idea when the two sides will get together. Gatens said wages are the main concern in the standoff. Unionized workers at Albis earn about C$13-C$18 (US$8.58-US$11.88) an hour, excluding benefits. The recently expired, three-year labor contract was the first for the Albis plant.
The firm is a subsidiary of Albis GmbH of Hamburg, Germany, which has manufacturing and distribution offices in Germany and elsewhere in Europe, the United States, United Kingdom and Far East. It started the Pickering operation in 1985.
Intertape to acquire Anchor Continental
COLUMBIA, S.C. — Intertape Polymer Group Inc. plans to expand again in pressure-sensitive tapes.
The Montreal packaging company agreed to acquire Anchor Continental Inc. of Columbia for US$105 million. Intertape said the deal will boost its annual sales to more than C$700 million (US$462 million).
Anchor buys film for many of its tapes, Doug Ward, senior vice president of operations, said in a telephone interview. Substrates include polyethylene, polypropylene, PET and PVC. Anchor makes masking, duct, strapping and other pressure-sensitive tapes, some of which Intertape does not make.
The deal, to be completed in mid-September, will be Intertape's second in less than a year. In December it bought American Tape Corp., which has with plants in Marysville, Mich., and Richmond, Ky. At that time Intertape predicted the purchase would boost its sales to more than C$500 million (US$330 million). Intertape's sales last year were C$348.3 million (US$251.5).
Ward said Anchor's parent, Coating Technologies Inc., is majority owned by Metropolitan Life Insurance Co. in New York.
Coating Technologies, also in Columbia, has divested book-cover and label businesses; Anchor is its last operating company.
Intertape has 12 plants in North America and one in Europe.
Federal-Mogul buys auto light business
SOUTHFIELD, MICH. — Federal-Mogul Corp. picked up a significant plastics injection molding business when it agreed Aug. 18 to buy the Cooper Automotive and Moog Automotive divisions of Cooper Industries Inc.
Federal-Mogul is paying about $1.9 billion for the divisions. Besides injection molded automotive lighting, the deal includes brake friction products, Champion spark plugs and Anco windshield wipers.
Federal-Mogul makes signal and emergency lighting mainly for heavy trucks and industrial applications. The acquisition will make it North America's top supplier of lighting products, said spokeswoman Kim Welch.
Based in Southfield, Federal-Mogul has been on an acquisition kick in recent months, pushing annual sales from less than $3 billion toward a goal of $10 billion by 2002. Cooper Automotive and Moog posted combined sales of $1.87 billion in 1997.
Houston-based Cooper Industries had announced in April it would sell or spin off its automotive businesses, which represent about 35 percent of its sales.
Composites consultant McDermott dies
CRESSKILL, N.J. — Joseph McDermott, a longtime composites consultant, died while jogging Aug. 16. He was 57.
McDermott, whose funeral was Aug. 20, ran the consulting firm of Composites Services Corp. in Cresskill. During the 1980s he was manager of the Reinforced Plastics Composites Institute, which was renamed the Composites Institute, a unit of the Society of the Plastics Industry Inc. of Washington.