Growing TPS moves to new Mich. plant
BEAVERTON, MICH. — Thermoformer Parts Suppliers Inc. expects business to hit around the $1 million mark this year, according to Chuck Fanslow, vice president of sales and marketing.
The aftermarket parts supplier has moved from rented space in Beaverton into a new, 2,000-square-foot plant in the city, Fanslow said in an Oct. 12 telephone interview.
The new building serves mainly as a sales and distribution center for TPS, which buys and resells bearings, bushings, heaters, clamping systems and other parts for thermoforming equipment. The firm makes some tin bar for sheet clamps at the plant.
Fanslow said business is up more than 50 percent over last year, mainly because of an expanded parts catalog. One way TPS has boosted aftermarket share is by offering parts for older machines made by now-defunct firms, such as EMC and Comet, he said. Replacement parts for Beaverton-based Brown Machine once formed the core of its business, he said. Recent market efforts also include a site on the Web.
Though TPS' biggest customer is in Detroit, its second-biggest buyer is in Venezuela, according to Fanslow. TPS is working to expand business into Latin America, he said.
4M buys Leybold's optical media unit
YVERDON-LES-BAINS, SWITZERLAND — Multi Media Masters & Machinery SA, the second-largest maker of downstream equipment for manufacturing optical media, has purchased Leybold Systems' optical media business.
Terms were not disclosed but 4M, based in Yverdon-les-Bains, near Geneva, said the combined company will have sales of $143 million in 1999.
``Leybold is much stronger in prerecorded CDs, and 4M is much stronger in recordable and rewriteable formats,'' said Dan Kern, worldwide vice president of marketing and sales. ``When we get together, now we've got the whole family covered.''
4M's current facility in Switzerland and Leybold's factory in Hanau, Germany, will continue to be used, he said.
4M does not manufacture injection molding machines for making compact discs or digital versatile discs, but its equipment takes the discs that come from a molding machine, covers them with aluminum and prepares them for use.
DMS sets up facility with Moscow's ICP
MOSCOW — DSM NV is harnessing the expertise of Russian scientists, particularly in the polymer field, to set up a joint venture research center in Moscow.
DSM Research, the Dutch chemical giant's research and development organization, has signed an agreement with Moscow's respected Institute of Chemical Physics, part of the Russian Academy of Sciences, to establish the new center.
The center, to be known as DSM ICP Research Center, will start with 10 Russian scientists who will carry out projects on behalf of DSM of Heerlen, the Netherlands.
``We have high expectations for this cooperation, as the Institute of Chemical Physics is a renowned institute. Its expertise in the field of polymers and resins is of particular interest to us,'' said Jacques Joosten, DSM's director of corporate research.
He added that ICP is a world leader in the field of fluorine chemistry and specific applications of fluorine-modified compounds.