Siemens shutting down Ohio facility
FORT SHAWNEE, OHIO - Siemens Automotive Corp. of Auburn Hills, Mich., will close the Fort Shawnee facility of its air fuel division to consolidate manufacturing at two plants in Ontario.
The shift, announced July 29, will mean transferring an undetermined number of injection molding machines and testing equipment used to produce nylon air-intake manifolds to Siemens plants in Windsor and Tilbury.
The company is a unit of Siemens VDO AG of Regensburg, Germany. Siemens needs to coordinate production to compete, John Sanderson, president and chief executive officer of the U.S. operation, said in a news release about the closure.
The company has launched an employment-assistance program for the 200 hourly and 25 salaried employees at Fort Shawnee. Final shutdown is set for late September.
Graham Packaging sells French plant
YORK, PA. - Graham Packaging Holding Co. has sold a blow molding plant in Blyes, France, to a European investment company as part of its restructuring on that continent.
The York-based company sold the facility, a producer of both high density polyethylene and PET containers, to ARCC Holdings BV. The company is a subsidiary of business development and banking firm Business Creations Holdings BV of Hoofddorp, the Netherlands.
The Blyes facility makes bottles for agricultural, pharmaceutical, food and household products and employs 80. Graham has owned the facility since the early 1990s. Terms of the sale were not disclosed.
Graham is realigning its European operations, said spokesman Donald Sarvey. That process includes evaluating plants for their ability to serve markets and customers, he said.
``The whole idea behind the restructuring is adapting to the market as it changes,'' Sarvey said.
The company announced the closure of a plant in Wrexham, Wales, in January and sold two blow molding plants in Italy in March. At the same time, the company opened new plants this year in Poland and Spain and recently expanded a plant in Belgium, Sarvey said.
Xpectra closes Mulay Plastics deal
NIWOT, COLO. - Xpectra Corp. has closed its $4.3 million deal for Mulay Plastics Inc.'s assets, including manufacturing operations in Tijuana and Ciudad Ju rez, Mexico.
Xpectra took control of the operations July 10 under an assignment for benefit of creditors and completed the deal July 31, Kevin McShea, Xpectra president and chief executive officer, said by telephone.
There were no other bidders at the sale in a Chicago law office, said Patrick Cavanaugh, a partner with High Ridge Partners Inc. of Chicago. Mulay retained High Ridge to liquidate Mulay's assets and distribute available proceeds to creditors. Most of the distributions should occur by Oct. 31, Cavanaugh said.
As of July 10, Mulay of Carol Stream, Ill., had unaudited assets exceeding $5 million and liabilities of nearly $32.6 million.
Xpectra of Niwot currently employs about 1,200.
``We inherited a great opportunity,'' primarily molding housings for television sets and other consumer electronics, McShea said.
Intec Group expanding China operation
PALATINE, ILL. - Intec Group Co. plans to expand its Tianjin, China, injection molding operation to support a wider range of markets.
Intec said that within a year it will relocate the operation to a new, 40,000-square-foot facility to double its floor space. The firm will add injection presses to its current 13-press lineup during the move. As many as 10 more presses could be added within a year after the move, Intec said in a news release.
The Palatine-based company said the China business, now supplying parts for electromechanical switches, will grow into automotive and electronic sensor markets.
Tianjin's presses have clamping forces of 35-300 tons. The site also runs three spring coiling machines and two metal-stamping presses. Intec bought the operation in the summer of 2001 from Groupe Schneider and makes parts in Tianjin for the French hardware firm.
Intec recently announced an expansion is under way at a Palatine-based joint venture, AI Technologies LLC, to increase auto-part molding.