Five years ago in Plastics News: W. R. Grace & Co. said it would invest $200 million to boost capacity and production efficiency at its Cryovac film plants in the United States and Canada through 1998. A big chunk of the investment related to increased sales of Cryovac's TBG-brand bag, a coextruded product for fresh and prepared meats and cheese. Sealed Air Corp. bought Cryovac for about $5 billion in stock and cash in 1998.
Husky Injection Molding Systems Inc. said it would relocate its U.S. large-tonnage injection molding press assembly operation to Pittsfield, Mass., in June 1995. Husky leased about 53,000 square feet at GE Plastics' Polymer Processing Development Center. It had been assembling large presses at Epco's Fremont, Ohio, injection press plant since 1991. Husky phased out large-tonnage press production in Pittsfield in 1999 to make them in Dudelange, Luxembourg. However, it established a large-tonnage machine group at a new technical center in Novi, Mich., where it was building an 8,000-ton machine for automotive applications.