Wollin Products buys Custom Moulders
STEVENSVILLE, MICH. — Wollin Products Inc. has expanded in Canada with the purchase of Custom Moulders Ltd. of Toronto.
The acquisition gives Stevensville-based Wollin a second custom injection molding plant in the Toronto area. Wollin also runs an operation in Brampton, Ontario, about 10 miles northwest of Toronto. Custom Moulders reported 1999 sales of US$6.5 million in Plastics News' survey of injection molders. Wollin ranked 62nd in the same survey, with estimated sales of $90 million.
Custom Moulders runs 17 presses with up to 500 tons of clamping force. Much of its business is in consumer electronics, which has been a small market for Wollin, according to Wollin Chief Executive Officer Greg Botner.
Aberdeen Gould of Toronto provided advisory services for the deal and announced it Jan. 18. Custom Moulders' officials declined comment.
APW Ltd. to acquire assets of Lucent
WAUKESHA, WIS. — APW Ltd. agreed to acquire the metal, plastics and tooling assets of a Lucent Technologies Inc. manufacturing center in Poland. APW will supply Lucent's global operations with electronic enclosure cabinets, power distribution frames and injection molded plastic components. Terms were not disclosed.
APW will offer jobs to about 300 current employees and acquire about 215,000 square feet of manufacturing space, about one-half of a Lucent subsidiary's campus in Bydgoszcz, Poland.
Murray Hill, N.J.-based Lucent will retain other Bydgoszcz facilities that provide systems integration, final assembly, testing and repair for various advanced networking systems. The deal is expected to close by March 31.
Waukesha-based APW designs and makes integrated electronic enclosure systems and operates more than 45 locations in North America, Europe and Asia.
APW was spun off July 31 from Applied Power Inc., now Actuant Corp. of Glendale, Wis. In September, APW said it had pro forma sales of $1.24 billion for the fiscal year ended Aug. 31.
Klockner purchases rival German firm
DUISBURG, GERMANY — Klockner Pentaplast GmbH has expanded its barrier films business by acquiring a rival German operation.
Klockner Pentaplast bought the polyvinylidene chloride-coated films business of VAW Aluminum AG.
The business, based in Roth, Germany, has annual sales of about 22 million deutsche marks ($10.6 million), according to Klockner Pentaplast, a subsidiary of Klockner Werke AG of Duisburg.
VAW also makes PVDC-coated paper and aluminum foil. Klockner Pentaplast's Aerni-Leuch AG subsidiary, a specialist in pharmaceutical barrier films, will operate the acquired business.
Aerni-Leuch, based in Liebefeld, Switzerland, was established in 1998. Klockner Pentaplast owns Klockner Pentaplast of America Inc. of Gordonsville, Va.
Report may sanction some DINP use
BRUSSELS, BELGIUM — A European Union report is apparently about to recommend that no further restrictions be placed on the use of diisononyl phthalate in PVC, beyond steps to restrict it in toys.
The EU also is nearing completion on risk assessments of two other phthalates, diisodecyl phthalate and di(2-ethylhexyl) phthalate, said Axel Singhofen, an adviser to the Green Party in the European Parliament in Brussels and a former Greenpeace staffer.
The conclusion on DIDP could be the same as DINP, while DEHP probably will be classified as a reproductive toxin, he said.
Officials with the European Council for Plasticizers and Intermediates in Brussels could not be reached for comment.
The Parliament also is debating the need for PVC substitution in products that come into contact with the body and other areas and is likely to make final recommendations in March, Singhofen said.