Premium shutting down Chicago plant
CHICAGO - Premium Plastics Inc. plans to close its Chicago plant by July 31, cutting 238 jobs.
Premium's business lines and processing equipment are being relocated to a sister facility in La Mirada, Calif., and plants in Gallaway, Tenn., and Northglenn, Colo.
On May 30, Medegen Holdings LLC of Scottsdale, Ariz., acquired the operating assets of the plant, Sterling Disposable Products Inc. of Chicago and General Clinical Plastics Corp. of La Mirada. The seller, Spinner Medical Products Co. Inc. of Chicago, retained the Chicago real estate and agreed to supply products to Medegen during a brief transition.
Raymond J. Spinner is president of Premium Plastics and Neil E. Spinner is secretary and treasurer. Premium filed a closing notice with the state of Illinois on June 1 and said initial layoffs will occur July 31.
The three Spinner business units employed about 335, and operated 38 injection molding and four blow molding machines, mostly in La Mirada. The units had annual sales approaching $35 million.
Flextronics moving operation out of U.S.
ELK GROVE VILLAGE, ILL. - Flextronics International Ltd. is closing an Illinois metal and plastics assembly operation and moving the electronic enclosures work to lower-cost facilities in either Guadalajara, Mexico, or Doumen, China.
In a June 18 filing with the state, Flextronics said it will close its Elk Grove Village plant Aug. 30. The firm may sell the 340,000-square-foot facility but retain some space and some of the 192 employees to make tooling for sheet-metal stamping, Bill Coleman, marketing manager with Flextronics Enclosure Systems, said in a telephone interview from Dallas.
The global contract manufacturer gained the Illinois space in its August 2000 acquisition of Lightning Metal Specialties Inc.
The shutdown follows Flextronics' announcement in May that it would close plastics processing and enclosure manufacturing operations in New Braunfels, Texas, by July or August.
Separately, the enclosure systems unit closed a management office in Oakbrook Terrace, Ill., on June 28 and laid off 50 employees; others were relocated within Flextronics.
Flextronics is incorporated in Singapore and has regional headquarters in San Jose, Calif.
Owens Corning combines businesses
TOLEDO, OHIO - Owens Corning has combined its vinyl and metal siding businesses with its wholly owned Norandex/Reynolds Distribution Co. to form a new unit, Siding Solutions.
Spokesman Dave Dimmer said it is unclear how the change will affect Owens Corning's construction product distribution. Historically the Toledo-based firm has sold its siding brands through independent distributors.
``We're not planning on any change in structure,'' Dimmer said in a telephone interview June 20. ``It's just an internal alignment to get all the businesses together as a way to better serve our customers.''
Officials expect to announce details sometime in the next few weeks, he said. Norandex/Reynolds has more than 180 facilities throughout the United States. Dan Dietzel, former president of Noradex/Reynolds, will serve as president of Siding Solutions.
Former Rubbermaid CEO Don Noble dies
WOOSTER, OHIO - Former Rubbermaid Inc. Chief Executive Officer Don Noble died June 30 of cancer. He was 87.
It was under Noble's leadership that Wooster-based Rubbermaid became a plastics processor, said his son, David Noble.
Don Noble began as chief accountant in 1941 with the former Wooster Rubber Co., becoming CEO in 1959. Under his reign, Rubbermaid became one of the Top 10 most-respected corporations on the Fortune 500.
``It's a huge loss to the company and to our history,'' said Keri Butler, Rubbermaid's spokeswoman.
Noble maintained an office at the headquarters until 1998.
``He treated everybody the same, from chief executive officers of multibillion-dollar corporations to press operators in the factory,'' David Noble said. ``They were all equal to him.''
Known locally for his philanthropy, Don Noble and his wife, Alice, most recently built an ice rink in Wooster. She and four children survive him.
Memorial contributions may be made to Boys Village, P.O. Box 518, Smithville, Ohio, 44677.