UPM Inc. acquired four Battenfeld coinjection machines at the auction of Co-Mack Technology Inc. equipment.
The auction was held June 5 at the Vista, Calif., site Co-Mack was vacating. Co-Mack had employed 120 and operated 28 presses of 40-1,200 tons.
UPM has retained Joseph McRoskey, who was Co-Mack president and chief executive officer, part-time for business development services and maintenance of existing accounts, Ashleigh said. McRoskey started the business in 1989 and closed it in early March.
Ashleigh said UPM may convert a couple of its existing gas-assisted molding jobs to coinjection with an eye on eliminating part painting.
UPM was founded in 1962, employs 150 and, before the auction, had 25 presses with clamping forces of 260-2,200 tons. UPM had sales of $21 million for the year ended Sept. 30.