Nanocor teams with PolyOne, Mitsubishi
ARLINGTON HEIGHTS, ILL. - Nanocor Inc., a producer of clay materials for nanocomposite applications, has formed separate alliances to expand the use of its products with resin suppliers Mitsubishi Gas Chemical Co. Inc. and PolyOne Corp.
The alliance with Tokyo-based Mitsubishi will focus on high-barrier resins used to extend food and beverage shelf life, said Nanocor President Peter Maul. Nanocor's material acts as a lightweight substitute for other materials that prevent oxygen permeation, Maul said.
Nanocor's clays will be combined with Mitsubishi's semi-aromatic nylon resins, providing a barrier layer for bottles, thermoformed sheet and film, Maul said.
Arlington Heights-based Nancor also formed an alliance with PolyOne of Cleveland to make and sell nanocomposites for polyolefin, PVC and related polymers, Maul said. The nanocomposite compounds will be for fire-retardant applications for the telecommunications, electronics and automotive markets, he said.
Aurora to build site on Atrium property
WELCOME, N.C. - A business relationship in Ohio is leading to the creation of a compounding facility in North Carolina.
Atrium Cos. Inc. announced a joint venture Jan. 10 with Aurora Plastics Inc. whereby Aurora will build a 40,000-square-foot facility in Welcome on Atrium property. The site will be adjacent to Atrium's vinyl extrusion and window fabrication plants.
Jeff Hull, Atrium president and chief executive officer, said the venture had its beginnings two years ago when his firm began using the Aurora, Ohio-based vinyl resin compounder as a supplier.
``We were looking to utilize their ability they had in their Ohio operation and transfer that,'' Hull said.
The Welcome facility, which Hull said will employ at least 15, is to start production in September. Work began on the facility this month and construction costs will exceed $4 million, according to a news release. The facility will have annual capacity of about 100 million pounds.
Half the capacity will be used by Atrium while the other half will be sold to third parties, such as other window extruders or compound users, Hull said. Once the plant is finished, Atrium will source all of its North Carolina vinyl compound needs from the venture. After four years, Atrium will have the option of purchasing the facility from Aurora.
Dallas-based Atrium has three extrusion and 11 fabrication plants. The firm had $325 million in vinyl window sales last year, and total sales of $545 million, Hull said. The firm employs 4,500.
Atrium bought a 400,000-square-foot extrusion plant in Welcome from Ellison Co. in 2000 for $125 million.
Hudson Color moving to Leominster, Mass.
LEOMINSTER, MASS. - Hudson Color Concentrates Inc. is almost tripling its capacity with a 30-mile move across the border from New Hampshire to Leominster.
The company is completing its move this month into a 52,000-square-foot facility previously occupied by now-defunct Spectra Polymer Co. Inc. Hudson bought the building in September.
``We're very fortunate about 70 percent of our employees live in the Leominster area,'' said David Boudreau, vice president of sales and marketing.
Boudreau said the new headquarters has five silos and sits on 6 acres, offering room to grow.
``We are tripling our capacity from four lines to 11 lines,'' said Boudreau, noting the firm also has added new high-speed turnscrews. He said all 40 of the Hudson employees were offered positions in Leominster, but eight decided not to make the move. Boudreau said the company will add 10 in the near future.
The Hudson, N.H., facility is to close by the end of January.
Boudreau said Hudson Color grew 22 percent last year and should grow 25 percent this year. He said that the firm introduced a PVC line for wire and cable that has been well-received.