Crompton sells unit to Danish company
PAWCATUCK, CONN. — Crompton & Knowles Corp., the parent company of plastics machinery supplier Davis-Standard Corp., has sold its food and pharmaceutical additives unit to a Danish company, Hansen Holding A/S, for about $103 million.
The deal was expected to close in January. Hansen, of Horsholm, Denmark, will acquire Crompton's Ingredient Technology Corp.
Davis-Standard, which makes extruders and blow molding machines, is based in Pawcatuck. Crompton & Knowles is based in Stamford.
Dutch blow molder buys Aoki machines
ELK GROVE VILLAGE, ILL. — Aoki Technical Laboratory Inc. has sold three of its single-stage PET blow molders to PET Power, a blow molder in Holland.
PET Power, founded in 1995, already had 25 Aoki injection stretch blow molders, according to Aoki. The Dutch molder focuses on complex shapes using PET and polyethylene naphthalate (PEN). Two of PET Power's customers are expanding in PET — Swiss food maker Kavli is switching from glass to PET for mayonnaise, and India Spices, of England, is moving to PET.
In the United States, Aoki is represented by Aoki Laboratory America Inc. in Elk Grove Village.
AEC taps sales rep for western region
WOOD DALE, ILL. — AEC Inc. named Halco Plastics Machinery Co. Inc. of Huntington Beach, Calif., as the auxiliary equipment supplier's exclusive western regional sales representative.
The western region includes northern California, Nevada, Utah and Arizona.
In other sales news, AEC picked Joe Sweeney to lead its wholly owned equipment sales agency, Engineered Equipment Sales Co. EESCO handles sales to injection molders and other processors in northern Illinois and northwest Indiana. Sweeney has more than 25 years of plastics industry experience. Most recently, he ran his own equipment sales firm selling machines in the mid-Atlantic area.
AEC, of Wood Dale, also announced that George Stoddard, AEC's extrusion national sales manager, has been elected a member of the California Film Extruders and Converters Association's board of directors.
Cass, Ad-Tech form venture in Oklahoma
CHARLOTTE, MICH. — Cass Polymers Inc. of Oklahoma City, a subsidiary of Cass Holdings LLC, has entered a partnership with Ad-Tech Plastics Systems of Charlotte.
The partnership will provide funding for a planned expansion, said Ad-Tech President Richard F. Bullock Jr.
Ad-Tech, which produces adhesives, tooling resins and liquid formulations for the aerospace, automotive, marine and fiberglass reinforced plastic markets, is looking to ``expand product lines and plant location, but we haven't gotten into any discussions other than preliminary,'' Bullock said.
Equipment suppliers merge in Wisconsin
APPLETON, WIS. — Two Wisconsin suppliers of film converting equipment have merged — CMD Corp. of Appleton and Custom Design & Development of Green Bay.
Custom Design makes auxiliary equipment for the blown film industry. CMD manufactures equipment to produce plastic bags, including trash-can liners.
CMD President John Schmidt said the combined company will be able to supply a larger, more complete product line.
Italian robot maker opens office in Ga.
DULUTH, GA. — Italian robot maker GIMA SpA has opened a U.S. office in Duluth, Ga., under the name GIMA Advanced Technology Inc.
The Bologna-based company manufactures side-entry robots for injection molding, and complete automation systems for compact disc jewel boxes, cassette tape boxes, digital versatile disc boxes and cartridges, smart cards, caps and closures, and other products.
GIMA said that its long-term goal is to begin manufacturing in the United States.
Alpha relocating to new Ontario facility
WOODBRIDGE, ONTARIO — Blown film equipment supplier Alpha Marathon Technologies Inc. has relocated from Mississauga, Ontario, to a 57,000-square-foot building in nearby Woodbridge.
Alpha said the new facility will include a research and development line to develop the firm's Low Pressure Modular Stack Die for coextrusion of more than five layers. It said the new line will be running within a year. It has been developing the new die for two years and plans to make it available in 1999.
Alpha recently debuted its Inline Bubble Forming machine to produce bubble pack for packaging. It features line speeds as fast as 200 feet per minute and can laminate to foam, metal foil or paper.
The company also said it expects to receive ISO 9001 registration early next year.
Japanese injection press supplier Toshiba Machine Co. Ltd. has opened two sales offices in China, in Beijing and Shanghai. ... Auxiliary equipment supplier AEC Inc. of Wood Dale, Ill., has named Arjay-Levine Group Inc. of Glen Rock, N.J., manufacturing representatives, covering New Jersey, Delaware, Maryland, New York and eastern Pennsylvania.