Skip to main content
Sister Publication Links
  • Sustainable Plastics
  • Rubber News
Subscribe
  • Sign Up Free
  • Login
  • Subscribe
  • News
    • Processor News
    • Suppliers
    • More News
    • Digital Edition
    • End Markets
    • Special Reports
    • Newsletters
    • Resin pricing news
    • Videos
    • Injection Molding
    • Blow Molding
    • Film & Sheet
    • Pipe/Profile/Tubing
    • Rotomolding
    • Thermoforming
    • Recycling
    • Machinery
    • Materials
    • Molds/Tooling
    • Product news
    • Design
    • K Show
    • Mergers & Acquisitions
    • Sustainability
    • Public Policy
    • Material Insights Videos
    • Numbers that Matter
    • Automotive
    • Packaging
    • Medical
    • Consumer Products
    • Construction
    • Processor of the Year
    • Best Places to Work
    • Women Breaking the Mold
    • Rising Stars
    • Diversity
    • Most Interesting Social Media Accounts in Plastics
  • Opinion
    • The Plastics Blog
    • Kickstart
    • One Good Resin
    • Pellets and Politics
    • All Things Data
    • Viewpoint
    • From Pillar to Post
    • Perspective
    • Mailbag
    • Fake Plastic Trees
  • Shop Floor
    • Blending
    • Compounding
    • Drying
    • Injection Molding
    • Purging
    • Robotics
    • Size Reduction
    • Structural Foam
    • Tooling
    • Training
  • Events
    • K Show Livestream
    • Plastics News Events
    • Industry Events
    • Injection Molding & Design Expo
    • Livestreams/Webinars
    • Editorial Livestreams
    • Ask the Expert
    • Plastics News Events Library
    • Processor of the Year submissions
    • Plastics News Executive Forum
    • Injection Molding & Design Expo
    • Plastics News Caps & Closures
    • Women Breaking the Mold Networking Forum
    • Plastics in Automotive
    • PN Live: Mergers and Acquisitions
    • Polymer Points Live
    • Numbers that Matter Live
    • Plastics in Politics Live
    • Sustainable Plastics Live
    • Plastics Caps & Closures Library
    • Plastics in Healthcare Library
    • Women Breaking the Mold Networking Forum Library
  • Rankings & Data
    • Injection Molders
    • Blow Molders
    • Film Sheet
    • Thermoformers
    • Pipe Profile Tubing
    • Rotomolders
    • Mold/Toolmakers
    • LSR Processors
    • Recyclers
    • Compounders - List
    • Association - List
    • Plastic Lumber - List
    • All
  • Directory
  • Resin Prices
    • Commodity TPs
    • High Temp TPs
    • ETPs
    • Thermosets
    • Recycled Plastics
    • Historic Commodity Thermoplastics
    • Historic High Temp Thermoplastics
    • Historic Engineering Thermoplastics
    • Historic Thermosets
    • Historic Recycled Plastics
  • Custom
    • Sponsored Content
    • LS Mtron Sponsored Content
    • Conair Sponsored Content
    • KraussMaffei Sponsored Content
    • ENGEL Sponsored Content
    • White Papers
    • Classifieds
    • Place an Ad
    • Sign up for Early Classified
MENU
Breadcrumb
  1. Home
  2. News
News
November 04, 2002 01:00 AM

Newsclips

  • Tweet
  • Share
  • Share
  • Email
  • More
    Reprints Print

    Guide to purchase four Engel presses

    ANDERSON, IND. - North America's largest automotive lighting manufacturer will invest $15 million in new equipment at its Anderson plant to upgrade quality and volume potential.

    Guide Corp. is buying four 2,200-ton injection molding presses from Engel Vertriebsgesellschaft mbH along with robotics and state-of-the-art electronic controls to produce multicolored lenses.

    The presses are capable of four-color molding, allowing Pendleton, Ind.-based Guide to produce a rear lighting lens containing red, amber and white, for instance, in one piece. The firm has multicolor machines already in place. The new equipment will supplement those capabilities.

    Keith Merrill, executive vice president of worldwide operations, said the additional equipment will help the firm meet demand.

    Guide received a five-year tax abatement from the Anderson City Council, and told officials there it expects to create another 70 jobs through the improvements.

    Delivery and installation of the new equipment is slated for late this year and early in 2003.

    PEC expanding, to add 60 workers

    WAUKON, IOWA - PEC Inc. is expanding, targeting new markets with its plastic board that gains impact strength when cooled.

    The Waukon composite extruder received a $2.4 million loan guarantee from the U.S. Department of Agriculture under the Business and Industry Program, which will allow it to enter the marine industry, officials said. The company also will take on projects for the Department of Transportation and make playground equipment and pallets.

    PEC will add three lines by January at its facility in Waukon and hire nearly 60 employees during the next six months, President Paul Schmitt said recently by telephone. The firm kicked off production at that facility in September with two lines and 20 employees.

    ``Everything should be up and running by Jan. 1, which is going to allow us to free up the [research and development] line,'' Schmitt said. That specialized line came from NFM Welding Engineers Inc. of Massillon, Ohio.

    PEC's blend of 80 percent recycled plastic and 20 percent mineral fill also is being used as an additive to improve properties in other products such as siding or other lumber, Schmitt said. The firm is working in partnership with lumber companies, he said, but Schmitt would not identify the companies.

    The firm also is seeking a partnership with a larger company because ``it's just going to be too large for us,'' Schmitt said of the impending business.

    Plasti-Line relocating, changing name

    KNOXVILLE, TENN. - Signage producer Plasti-Line Inc. will change its name to reflect its range of value-added services.

    Separately, the company announced it will relocate its headquarters within Knoxville and move some production to soak up excess capacity.

    Plasti-Line said Oct. 28 it will become ImagePoint Inc., effective March 1.

    In addition to thermoformed signs, Plasti-Line offers installation, maintenance and program management. Its work includes upgrading retail facilities and helping in brand-name changeovers. Clients include General Motors Corp., McDonald's, Pizza Hut and BankOne. Besides signs, Plasti-Line produces awnings, ATM surrounds, Kiosks and building facades and interiors.

    ``We recognize that a sign is just a part of our clients' images,'' said Chairman and Chief Executive Officer Jim Martin. About half the company's annual sales of more than $150 million are generated by plastic sign manufacturing, Martin said in a telephone interview. It processes acrylics, polycarbonate and ABS from purchased sheet.

    Plasti-Line will close its current Knoxville plant and head office by the end of the year, relocating the 300 office staff members to a historic building in downtown Knoxville that has been renovated by local government agencies. However, 200 workers will lose their jobs as production is moved to other Plasti-Line plants in Florence, Ky.; Columbia, S.C.; and Fontana, Calif.

    Plasti-Line employs about 1,000. Management bought the formerly public company in 1998. The firm's installation and maintenance network comprises more than 850 subcontractors.

    RECOMMENDED FOR YOU
    PET Recycling Coalition releases first grants
    Letter
    to the
    Editor

    Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Plastics News would love to hear from you. Email your letter to Editor at [email protected]

    Most Popular
    1
    Berry CEO Salmon retiring
    2
    Thermoformer Genpak closing Ohio facility, cutting 67 jobs
    3
    Prices on the rise for PP, PVC
    4
    SK Battery America invests $19M in Georgia IT center
    5
    Singing the praises of family ownership
    SIGN UP FOR OUR FREE NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Plastics News delivered straight to your inbox, free of charge.

    Subscribe today

    Subscribe to Plastics News

    Subscribe now
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter
    • Instagram

    Plastics News covers the business of the global plastics industry. We report news, gather data and deliver timely information that provides our readers with a competitive advantage.

    Contact Us

    1155 Gratiot Avenue
    Detroit MI 48207-2997

    Customer Service:
    877-320-1723

    Resources
    • About
    • Staff
    • Editorial Calendar
    • Media Kit
    • Data Store
    • Digital Edition
    • Custom Content
    • People
    • Contact
    • Careers
    • Sitemap
    Related Crain Publications
    • Sustainable Plastics
    • Rubber News
    • Tire Business
    • Urethanes Technology
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • News
      • Processor News
        • Injection Molding
        • Blow Molding
        • Film & Sheet
        • Pipe/Profile/Tubing
        • Rotomolding
        • Thermoforming
        • Recycling
      • Suppliers
        • Machinery
        • Materials
        • Molds/Tooling
        • Product news
        • Design
      • More News
        • K Show
        • Mergers & Acquisitions
        • Sustainability
        • Public Policy
        • Material Insights Videos
        • Numbers that Matter
      • Digital Edition
      • End Markets
        • Automotive
        • Packaging
        • Medical
        • Consumer Products
        • Construction
      • Special Reports
        • Processor of the Year
        • Best Places to Work
        • Women Breaking the Mold
        • Rising Stars
        • Diversity
        • Most Interesting Social Media Accounts in Plastics
      • Newsletters
      • Resin pricing news
      • Videos
    • Opinion
      • The Plastics Blog
      • Kickstart
      • One Good Resin
      • Pellets and Politics
      • All Things Data
      • Viewpoint
      • From Pillar to Post
      • Perspective
      • Mailbag
      • Fake Plastic Trees
    • Shop Floor
      • Blending
      • Compounding
      • Drying
      • Injection Molding
      • Purging
      • Robotics
      • Size Reduction
      • Structural Foam
      • Tooling
      • Training
    • Events
      • K Show Livestream
      • Plastics News Events
        • Plastics News Executive Forum
        • Injection Molding & Design Expo
        • Plastics News Caps & Closures
        • Women Breaking the Mold Networking Forum
        • Plastics in Automotive
      • Industry Events
      • Injection Molding & Design Expo
      • Livestreams/Webinars
        • PN Live: Mergers and Acquisitions
      • Editorial Livestreams
        • Polymer Points Live
        • Numbers that Matter Live
        • Plastics in Politics Live
        • Sustainable Plastics Live
      • Ask the Expert
      • Plastics News Events Library
        • Plastics Caps & Closures Library
        • Plastics in Healthcare Library
        • Women Breaking the Mold Networking Forum Library
      • Processor of the Year submissions
    • Rankings & Data
      • Injection Molders
      • Blow Molders
      • Film Sheet
      • Thermoformers
      • Pipe Profile Tubing
      • Rotomolders
      • Mold/Toolmakers
      • LSR Processors
      • Recyclers
      • Compounders - List
      • Association - List
      • Plastic Lumber - List
      • All
    • Directory
    • Resin Prices
      • Commodity TPs
        • Historic Commodity Thermoplastics
      • High Temp TPs
        • Historic High Temp Thermoplastics
      • ETPs
        • Historic Engineering Thermoplastics
      • Thermosets
        • Historic Thermosets
      • Recycled Plastics
        • Historic Recycled Plastics
    • Custom
      • Sponsored Content
      • LS Mtron Sponsored Content
      • Conair Sponsored Content
      • KraussMaffei Sponsored Content
      • ENGEL Sponsored Content
      • White Papers
      • Classifieds
        • Place an Ad
        • Sign up for Early Classified