Blow molder K&M scheduled to close
ELK GROVE VILLAGE, ILL. - K&M Plastics Inc. has filed notice with the state of Illinois that it plans to shut down operations.
The notice said the company will begin laying off workers by Aug. 18. The number of employees affected was not provided.
The Elk Grove Village company did not provide details, and President Michael Micallef was unavailable for comment. The industrial blow molding company makes polyethylene water storage tanks, brine cabinets and accessories at its 200,000-square-foot site. K&M also performs injection and rotational molding.
The company suffered a recent tragedy when President and Chief Executive Officer Charles Poellet died unexpectedly May 14. Poellet, 59, was in line to become the next president of the Lisle, Ill.-based Water Quality Association, said Peter Censky, executive director of the association.
The custom blow molder was purchased several years ago by Fort Worth, Texas-based investment firm JMK International Inc. JMK officials were unavailable for comment.
An industry source said K&M has been attempting to sell some blow molding equipment.
searching for buyer
MILTON, ONTARIO - Blow molding machine manufacturer Garold Automation Inc. is for sale.
Harold Roehrig and his wife Gayle have decided to retire Aug. 31 and are seeking a buyer for the 15-year-old company in Milton, about 15 miles west of Toronto.
He said he had 27 years of experience building blow molding machines when he decided to set up a new company designing and making continuous extrusion machines.
Roehrig said in a telephone interview that he emphasizes automation and robotics in his designs. His company also over- hauls and fully automates older, wheel-style machines.
Garold's machines mainly have been sold to packaging makers for products such as photographic developers, household chemicals, nursery containers and most recently, paint. Roehrig said about 200 machines that he has helped to make still are running in North America.
Roehrig said customer service will continue after Aug. 31 even if a new owner has not been found. For sale are designs, drawings, customer files and metalworking machinery.
The Roehrigs own the 6,000-square-foot building housing Garold and will lease or sell it to a new owner. Roehrig will sell the business piecemeal, if necessary, but is seeking one owner to take over the 12-employee operation.
Pa.'s Ami Doduco
expands in Hungary
EXPORT, PA. - U.S. electrical contact technology company Ami Doduco Inc. is expanding its capacity to develop injection molds at its plant in Dorog, Hungary, to serve makers of automotive and telecom parts.
The Export-based firm, a supplier of contacts and assemblies, contact material, thermostatic and laminated metal products and surface-treatment services, said the additional service will boost its subassembly business in Europe.
Ami Doduco Hungary Kft. set up a mold design and development unit in Dorog in 2000 to support its own production of injection molded housings for component subassemblies. It now has been expanded to serve other manufacturers of parts such as sensors for anti-lock brake systems and mobile-phone power supplies.
Ami Doduco is the result of the three-way merger of Advanced Metallurgy Inc. of Export; Doduco GmbH of Pforzheim, Germany; and Chase Precision Metals Inc. of Reidsville, N.C. It is part of Technitrol Group, with interests in electronics/electrical markets.
*Key Plastics LLC of Farmington Hills, Mich., is trimming jobs at its plant in Ashley, Ind. The automotive injection molder informed state officials in June that it would cut about 36 jobs.