Craig adding jobs, moving to Port Huron
PORT HURON, MICH. - Automotive supplier Craig Assembly Inc. is moving to Port Huron from suburban Detroit, with plans to add about 45 jobs.
The company, now in Farmington, Mich., purchased the 28,000-square-foot former LDM Technologies Inc. plant in Port Huron in early April for an undisclosed amount. It is completing improvements at the site now, with plans for production to launch by July.
Fifteen employees will transfer from Farmington, with Craig Assembly set to hire another 45 through the rest of 2003.
Craig Assembly is a second-tier supplier of a variety of plastic components for the auto industry, doing the bulk of its business for DaimlerChrylser AG of Stuttgart, Germany.
Beall receives SPE's International Award
BROOKFIELD, CONN. - The Society of Plastics Engineers will give its International Award to Glenn Beall, a product designer, inventor, author, lecturer and industry activist, during SPE's Annual Technical Conference, slated for May 4-8 in Nashville, Tenn.
The International Award is the top honor for Brookfield-based SPE, and the most prestigious annual award given out in the plastics industry. Beall does consulting and seminars at Glenn Beall Plastics Ltd. in Libertyville, Ill. His plastics career began in 1957, and included stints at General Electric Co. and Abbott Laboratories, before he started his own product design firm.
He joined the Plastics Hall of Fame in 1997. He has been very active with SPE, helping to start the Rotational Molding Division and the Product Design and Development Division.
Beall received SPE's Education Award in 1993. SPE also has named its product design competition in his honor.
Griffco files for Chapter 11 bankruptcy
ATLANTA - Griffco Plastics Inc. has filed for Chapter 11 bankruptcy protection, avoiding an auction of its property in Quitman, Miss. The Atlanta-based PVC pipe extruder filed April 3 in U.S. Bankruptcy Court in Jackson, Miss.
Officials and Griffco lawyers did not return calls seeking comment. County officials shut down Griffco's only facility in February when the company failed to pay $112,000 in taxes.
``The lateness of the filing is due to the debtor's ongoing attempt, up until the very last minute, to negotiate with its major secured creditor so as to avoid the filing, but now it appears that these efforts are going to fail,'' Craig Geno, Griffco's lawyer, wrote in a letter to the bankruptcy court.
In the filing, officials indicated 16-49 creditors and estimated debts of $1 million to $10 million, with assets in the same range.
In September, company officials were working to secure a partnership or loan to save the pipe business, which they have operated in that town for more than 20 years. According to Plastics News data, the plant had 50 employees with 17 extrusion lines, consuming 65 million pounds of resin in 2001.
Trinity occupying Rocky Mount, Va., plant
ARMONK, N.Y. - Bag producer Trinity Packaging Corp. is opening a new, 250,000-square-foot facility in Rocky Mount, Va., by the end of April.
The company, based in Armonk, N.Y., moved into about a third of the facility in January before gradually occupying the rest of the recently constructed building, a company spokesman said. About 110 employees will work at the film extrusion, printing and converting plant by the end of April, with a total of 300 workers expected to join the Rocky Mount plant by late summer, the spokesman said. The company invested about $9.1 million in the plant, according to figures from the Virginia Economic Development Partnership in Richmond.
``The addition of this new manufacturing location will give us the needed room to handle our fast-growing sales,'' said Trinity President Dave Williams.
The facility is the third for Trinity, joining plants in Remington, Va., and Lewistown, Pa. The company makes merchandise bags, consumer trash bags and heavy-duty lawn and garden bags.