Moon back to work at Extreme Molding
WATERVLIET, N.Y. - Extreme Molding LLC co-owner Joanne Moon is back at work after a judge modified a temporary restraining order in a breach-of-contract suit filed by a former employer.
Saint-Gobain Performance Plastics Corp. of Wayne, N.J., had filed a complaint Jan. 10 against Moon in U.S. District Court in Albany, N.Y. The company, which Moon left in September, alleged Moon violated a noncompete clause.
The court initially barred Moon from working at Extreme, but allowed her to return to work Jan. 17. G. Kimball Williams, Moon's lawyer, said the court did not intend to close the company, but aimed instead to prevent Moon from working on projects that could compete directly with Saint-Gobain.
Williams added that lawyers representing both sides are in talks to resolve the matter. A lawyer for Saint-Gobain did not return calls.
Moon and co-partner Lynn Momrow started operations at Extreme Molding in September. The Watervliet-based injection molder concentrates on high-performance materials such as fluoropolymers, fluoroelastomers, silicone and thermoplastic elastomers.
Alcoa expanding closures operations
INDIANAPOLIS - Alcoa Inc. will invest more than $20 million to expand its plastic closure business in North America and China.
The Pittsburgh firm said nearly all the extra capacity has been pre-sold. The program will help Alcoa maintain plastic closures as one of its high-growth sectors, said Sandra Beach Lin, president of Alcoa Closure Systems Inc. of Indianapolis.
Beach Lin said about a half-dozen Alcoa Closure plants in the United States, Mexico and Tanjin, China, will be the focus of the investment, but she declined to provide further details. The firm mainly compression molds closures but also does some injection molding, she said in a telephone interview. Some plants immediately will add capacity while others will boost theirs later. Alcoa makes its own compression molding machinery.
Alcoa Closure runs 22 plants in 15 countries. Recent expansion programs have occurred at plants in Nepal, Costa Rica, Mexico, South Korea, Philippines, China and Japan.
Beach Lin said Alcoa Closure's rapid growth has been driven by productivity increases and product innovation in dairy, food and bottled-water markets. Internal programs have helped Alcoa Closure take advantage of general market growth of plastic closures.
Pechiney site to focus on produce films
SAN LEANDRO, CALIF. - Pechiney Plastic Packaging Inc. has converted its San Leandro plant to focus on films for fresh produce and fruit packaging.
Pechiney bought the plant in 2000 as part of JPS Packaging Co., which it acquired for about $45 million. The facility had been making a variety of films, including produce-packaging types. Pechiney spokesman Mark Lindley said the conversion did not require any big capital outlays.
The 180,000-square-foot plant employs 100 full-time and 25 part-time staff. San Leandro has three blown film lines, including a five-layer machine, printing presses, laminators and perforators. Lindley said in a telephone interview from Pechiney's Chicago office that most of the films are multilayer polyethylene. The site is the firm's only plant focusing on fresh produce packaging.
The other JPS plant Pechiney bought in 2000 is in Akron, Ohio, and it makes film sleeves for container decoration.
Advantage Tool takes incentives, closes
SHERMAN, TEXAS - Injection molder Advantage Tool & Molding shut its doors last month, costing a local development agency $33,333 in taxpayers' money, according to a local news report.
The Sherman Economic Development Corp. agreed to pay Advantage, an injection molding, tool and die operation, $100,000 in tax incentives over two years if the firm created 40 full-time jobs and invested $625,000 in equipment. Advantage qualified for its first payment of $33,333 in January 2002. Now SEDCO is filing suit to recover that money, according to the Sherman Herald Democrat. SEDCO Interim President Frank Gadek said the agency is looking for Advantage's owners.
SEDCO and Advantage officials could not be reached.