Multi-Plastics adds customer, expands
LAS CRUCES, N.M. - New business is giving injection molder Multi-Plastics Inc. an opportunity to expand its operations in Las Cruces, nearly doubling its employment and more than tripling floor space.
The Saegertown, Pa.-based molder won new business for its Multi-Plastics of New Mexico Inc. subsidiary with a consumer products customer. The work is supporting the subsidiary's shift to a 75,000-square-foot building in Las Cruces from its existing, 20,000-square-foot facility there. The company is buying the new site. It leased its previous home.
Multi-Plastics will buy four new Toyo presses - a 150-ton, two 300-ton machines and a 500-ton, which will be its largest press. It will move another nine presses already in use at Las Cruces. The firm will add 15 employees to its current staff of 17.
The new location previously housed a soft drink bottling plant, and Multi-Plastics plans to transform the bottling area into a clean room to boost its medical molding offerings.
``That definitely made it a more attractive option,'' Chuck Johnston, operations manager for the Saegertown plant, said in an Oct. 17 telephone interview.
Multi-Plastics opened the New Mexico plant in late 1997. It will move into the expanded site by the end of this year.
The company makes parts for a variety of customers in the automotive, consumer product, electronic, medical and industrial lighting industries.
Hartman gains pipe system distributor
PITTSBURGH - Hartman Products LP of Pittsburgh now has a distribution agreement with pipe and waterworks supplier Ferguson Enterprises Inc. of Newport News, Va.
The agreement is the first Hartman has inked with a regional distributor since it started business in 2000. The firm created the HartmanEW system for drainage-pipe end-wall construction, a patented end wall rotational molded from linear low density polyethylene.
The deal with Ferguson will give Hartman an increased presence in Pennsylvania, New Jersey and Maryland with more regions to follow, officials said. The firm currently has more than 650 installations in 14 states and Canada. Hartman's product is rotomolded by Step2 Co. of Hudson, Ohio.
Valeo mulls bid for truck lighting unit
PARIS - Paris-based Valeo SA may sell its heavy-truck lighting operations to a group backed by private investors and the unit's current managers.
The automotive supplier is to consider the proposed sale Oct. 21, the firm announced Oct. 13.
The business group, based in Venissieux, France, employs 200. The unit designs and produces rear lights and safety accessories for heavy trucks, trailers and buses. It had 31.3 million euros ($36.3 million) in 2002 sales, while Valeo had nearly 10 billion euros ($11.6 billion) in total corporate sales.
Ticona improving UHMW PE capacity
SUMMIT, N.J. - Specialty resins maker Ticona plans to add as much as 22 million pounds of annual capacity for GUR-brand ultrahigh-molecular-weight polyethylene by streamlining at its Oberhausen, Germany, plant by the end of next year.
The project will increase the site's overall annual UHMW PE capacity to 88 million pounds. Ticona UHMW PE business director Dave Postolowski said the expansion is needed to meet global demand, which is growing 5 percent annually.
Summit-based Ticona also produces UHMW PE at a plant in Bishop, Texas.