Endot obtains maker of coiled water pipe
ROCKAWAY, N.J. — Endot Industries Inc. expanded in coiled, small-diameter water pipe by acquiring Orangeburg Industries Inc. of Greeneville, Tenn.
The deal should boost Rockaway-based Endot's annual sales to about $20 million, estimated President Jennifer Marin. She said her firm actively looked for an acquisition and found an opportunity when former Orangeburg owner Fred Bloemeke decided to retire. Marin did not disclose terms of the deal, which closed Aug. 31.
The Greeneville plant is Endot's third. It also operates one in South Point, Ohio, and maintains five stocking locations throughout the United States. Endot recorded sales of $12.3 million last year. Marin's parents, Greg and Todne Wellman, established the private firm in 1972.
Coiled polyethylene pipe is used in water well, municipal, irrigation and plumbing markets.
Bonar Plastics adds machinery, space
BROMPTONVILLE, QUEBEC — Bonar Plastics Inc. is expanding its Lindsay, Ontario, rotational molding plant using a machine from STP Equipment Inc.
Bonar of Newnan, Ga., took delivery of the STP machine the week of Aug. 24, a spokeswoman confirmed. It built a 2,200-square-foot addition in Lindsay to accommodate the new machine. She revealed no other details but said the plant mainly makes bulk containers.
Earlier this year, STP moved three of its facilities from Sherbrooke, Quebec, into a new building in Bromptonville, about 94 miles east of Montreal. The 40,000-square-foot building consolidates STP's design, manufacturing and administration operations. The firm also introduced a research and development department.
STP invested about C$1 million (US$650,000) in the new facility. It makes two-arm shuttle rotomolders with swings from 80-140 inches, according to Guy Dufour, vice president of sales and marketing.
STP claims its machines are more energy-efficient than typical rotomolders because heat is generated to the mold only when needed.
Dufour said the private firm is developing other rotomolding machines and peripheral equipment but he would not provide details. The company employs more than 20.
Beckwith-Bemis Inc. under new ownership
SHERBROOKE, QUEBEC — Custom converter Beckwith-Bemis Inc. is emphasizing new-product development and international marketing under new ownership.
Blair McIntosh, president and chief executive officer, bought majority control of the Sherbrooke-based firm in early August. It has annual sales of about C$15 million (US$9.9 million) in coated films, laminated fabrics, films and adhesives.
McIntosh said hands-on, local ownership and an injection of capital will help the firm grow. Minority partner FTQ Regional Solidarity Fund, a Quebec union-owned fund, is providing an undisclosed amount of money to Beckwith-Bemis. The company employs about 50 and its unionized employees are represented by the United Metalworkers of America.
Beckwith-Bemis formerly was owned by the Howard and Beckwith families based in the eastern United States, McIntosh said in a telephone interview. It was formed in 1968 by the merger of two sister companies when they ran into financial difficulties. The origins of the company go back to 1917.
Beckwith-Bemis custom coats substrates by extrusion and several other processes, including plastisol coating. It laminates using thermal and adhesive methods and extrudes and casts films from vinyl, polyurethane, polyethylene and polypropylene, McIntosh said. It also applies adhesives to substrates and sells adhesives in bulk. Its major markets include automotive, footwear and medical.
Thermotech teams up with Accu-Mold Corp.
HOPKINS, MINN. — Injection molder Thermotech is expanding its product line through a partnership with Accu-Mold Corp. of Ankeny, Iowa.
The alliance will allow Thermotech to leverage injection molder Accu-Mold's expertise in micro-molding. The micro-molding process allows minute plastic parts with tolerances of plus or minus 0.0002 inch to be molded with precision and cost-efficiency.
``This is a significant leap forward for Thermotech,'' John Bonham, Thermotech vice president and general manager, said in a news release. ``By partnering with Accu-Mold, a world leader in micro-molded plastics, we have an expanded portfolio of leading-edge technical solutions.''
A division of Neenah, Wis.-based Menasha Corp., Thermotech of Hopkins is a precision injection molder of parts for the automotive, electrical and electronics, communications and medical devices industries.
Zarn names Solutions national distributor
REIDSVILLE, N.C. — Blow molder Zarn Inc. has hired Louisville, Ky.-based Solutions as sole nationwide distributor for its reusable medical waste containers.
Solutions is a medical waste management and equipment broker focusing on reusable medical waste containers for doctors' offices, clinics and hospitals. Reidsville-based Zarn's 4000MW series of 200-gallon stackable containers strengthens and completes Solution's line of medical waste receptacles, according to a news release.
A division of Paris-based Plastic Omnium SA, Zarn manufactures a broad line of waste-collection products for waste haulers and municipalities.
SleeveCo expanding to the West Coast
DAWSONVILLE, GA. — SleeveCo Inc., a printer and converter of polyethylene film labels, plans to branch out to the West Coast with a new manufacturing facility.
SleeveCo currently is negotiating on two West Coast sites, President David Johnson said in a news release. It could be the second quarter of 1999 before the plant is operational, he said.
Dawsonville-based SleeveCo produces sleeve labels for the food, beverage, chemical, petroleum, dairy and automotive industries.
The company also plans to add an eight-color press to the facility by the end of 1999.
The additional facility will make SleeveCo the only manufacturer of sleeve labels on the East and West coasts, according to the news release.
Polypipe has eyes for Caradon's Terrain
DONCASTER, ENGLAND — Polypipe plc of Doncaster has set its sights on acquiring Terrain Ltd., a PVC pipe extruder, from Caradon plc.
Polypipe also announced it will consider other Caradon operations currently for sale, including U.S. and British plastic window and door businesses, said Polypipe Chairman Kevin McDonald.
Another likely bidder for the Caradon units is Rugby Group plc of Rugby, England, which makes high-pressure laminates and markets PVC siding made by other manufacture. It has shown interest in Caradon's door and window operations.
In September, London-based Caradon announced it planned to sell the building products businesses to concentrate on its core electrical, radiator, shower and boiler plumbing units.
Publicly held Polypipe has been following a strategy of aggressive growth. It said earlier this year it expected to make fresh acquisitions worth up to $13.3 million by the end of 1998.
In May it agreed to pay almost £3.8 million ($6.4 million) to buy Effast (UK) Ltd. of Totton, England, a supplier of plastic piping systems. Effast reported annual sales of about $7.39 million, and added new products to Polypipe's portfolio.
At the end of July, Polypipe announced its takeover of English modular ventilation system manufacturer Domus Ducting (Mfg.) Ltd. of Saffron Walden, England, for $7.89 million. Domus, which reported $7.4 million in 1997 sales, makes plastic ducting in Poland for the central European market.