PAWCATUCK, CONN. - Davis-Standard Corp. announced it will close the former Betol Machinery Ltd. factory in Luton, England, which makes extrusion systems for tubing, pipe and profiles and manual insert molding machines.
Davis-Standard, which bought Betol in mid-1998, will move the operations into its factory in Erkrath, Germany. The company acquired the Erkrath factory in 1996 when it bought ER-WE-PA, which makes machines for producing cast film, sheet and extrusion coating.
``The size of the Luton plant does not meet the needs of our growing European profile business,'' said Al Hodge, vice president of Davis-Standard in Pawcatuck. ``In Germany, we have a centrally located, state-of-the-art 175,000-square-foot manufacturing facility that will allow us to better serve our European customer base.''
Davis-Standard will retain a sales and technical support office in the United Kingdom.
On July 2, Davis-Standard's parent company, Crompton Corp., announced a restructuring plan designed to save $60 million by the end of 2002. Facility consolidations and work force reductions are part of the plan.