Plymouth Foam buys Iowa EPS maker
PLYMOUTH, WIS. — Plymouth Foam Inc. has purchased another production facility, giving the company better geographic reach for its expanded polystyrene sheet.
The Plymouth-based firm bought EPS maker Thermco Industries Inc. of Washington, Iowa, for an undisclosed amount. Plymouth will make EPS products for the construction and packaging industries at the 38,000-square-foot facility.
The deal represents Plymouth's fourth EPS production plant and the third in the past two years. In April, it opened a 40,000-square-foot plant in Beach City, Ohio.
The Iowa plant, employing about 15, will shorten the time to send shipments to some of Plymouth's Midwest customers, said sales and marketing coordinator Scott Wehrmeyer. The company can cut costs by shipping its EPS insulated sheets and fabricated packaging shorter distances, he said.
Thermco employees will continue at the plant, boosting Plymouth's work force to more than 200. It would not release sales.
Milacron taps Hahn Autojectors chief
AVILLA, IND. — When it comes to Milacron Inc., David Hahn can go home again.
Milacron on Sept. 3 named Hahn, most recently with John Brown Plastics Machinery, to be president of Autojectors, its vertical injection press manufacturing business in Avilla. Milacron bought Autojectors in May. Milacron's Plastics Technologies Group is based in Batavia, Ohio.
Hahn spent nine years at Milacron, finishing in the early 1990s as marketing and general manager of its Special Equipment Business unit. He directed the introductions of Milacron's ACT all-electric injection press and Vista line of machines.
At Brown, Hahn was vice president of marketing and business development for the group's Cumberland Engineering Division.
The top spot at Autojectors was vacated in July when former President Bill Carteaux left to become vice president of marketing at Van Dorn Demag Corp. in Strongsville, Ohio.
Autojectors wants to expand its share of the vertical press market: ``It's an advantage to start with a 30-year-old company that's already a market leader, in no need of a turnaround,'' Hahn said.
Little Tikes COO announces resignation
HUDSON, OHIO — Toy maker Little Tikes Co. is losing its fourth president and chief operating officer since Wooster, Ohio-based Rubbermaid Inc. bought it in 1984.
The company announced Calvin Eller's resignation Aug. 28. He will become chief executive officer of holding company Decorative Concepts Inc., said Little Tikes spokeswoman Patti Bauch. She had no details about DCI.
Eller joined Rubbermaid in 1996 as president and general manager of seasonal products. In August 1997 he replaced Gary Kleinjan as Little Tikes' president and COO. Charles A. Carroll, Rubbermaid president and COO, is acting as general manager of Little Tikes while the firm searches for Eller's replacement. An executive search should take a couple of months, Bauch said.
Hudson-based Little Tikes took the No. 1 spot in Plastics News' 1998 ranking of North American rotational molders with sales of $221 million.
Plastics exec files election complaint
WASHINGTON — Plastics executive Peter Cloeren, who pleaded guilty in June to making $37,000 in illegal campaign donations, has filed a complaint with the Federal Election Commission saying the congressional candidate who received the money knew it was illegal.
Cloeren said he filed the complaint in mid-July, and said he taped a phone call to the candidate, Brian Babin, for the FBI. Babin eventually lost the 1996 race to Rep. Jim Turner, D-Texas.
Cloeren, chief executive officer of flat-die manufacturer Cloeren Inc. in Orange, Texas, said the phone call included Babin saying he was glad he and his son had picked up the donations personally ``or the government would have us on mail fraud as well.''
Cloeren pleaded guilty to giving his employees money and having them donate it in their names to Babin's 1996 campaign to exceed caps on how much Cloeren could give individually.
Babin told the Houston Chronicle that prosecutors would have filed charges against him if they could have been substantiated. Prosecutors in June said they did not expect charges against Babin. A spokesman for U.S. Attorney Michael Bradford would not comment on Cloeren's allegation and the investigation.