Ezell Precision Tool under new owner
CLEARWATER, FLA. - Fred Coelho acquired Ezell Precision Tool Co. from founder Shelby Ezell on Dec. 1. Terms of the transaction were not disclosed.
The Clearwater firm, which Ezell opened in 1974, employs 11, occupies 7,800 square feet and manufactures custom precision mold- and die-ready components for applications including pharmaceutical, medical and electronics.
``We hope within the next few months to add two to three people,'' said Coelho, who now is president.
Products for the replacement market include mold cores, sleeves, cavities and other close-tolerance parts.
Ezell and Coelho's former employer, Royal Diversified Products Inc. of Warren, R.I., have done business over two decades. At one time, Coelho was exploring Ezell Precision as a possible Royal acquisition target. Coelho was with Royal for 28 years, most recently as vice president of sales and marketing.
Composites groups consider joint meeting
ARLINGTON, VA. - Two composites industry organizations tentatively are discussing the collocation and joint ownership of each group's major annual event, possibly beginning in 2007.
Key individuals from the American Composites Manufacturers Association and the Society for the Advancement of Material and Process Engineering met Dec. 11 at ACMA offices in Arlington and agreed to proceed cautiously. No issues were seen as insurmountable, said Tom Haulik, SAMPE president.
``ACMA is constantly looking at ways to bring more education and information to those we serve,'' said Missy Henriksen, ACMA executive director.
Back in 1999-2001, SAMPE held several technical meetings during the major annual conference and exhibit of the Composites Fabricators Association, ACMA's former identity. But this new effort is far more comprehensive and requires a blending of finances and philosophies, including agreement on an annual theme and a keynote speaker.
ACMA has company members, and Covina, Calif.-based SAMPE has individual members. But both groups have interests in an increasing number of overlapping and industry-critical subjects such as wind power and offshore marine applications.
Each group holds its own leadership meeting in January and is expected to review the subject of collocation. During 2004, SAMPE's main event occurs May 17-20 in Long Beach, Calif., and ACMA's gathering takes place Oct. 6-8 in Tampa, Fla.
DuBay fires up PBT plant in Germany
HAMM-UENTROP, GERMANY - DuBay Polymer GmbH, a 50-50 joint venture between DuPont Co. and Bayer AG, has launched production at a 175 million-pound-per-year polybutylene terephthalate plant in Hamm-Uentrop.
The plant, built in less than two years at a cost of 50 million euros ($62 million), will employ about 60.
``With the jointly operated facility, both partners will strengthen their positions in the keenly contested global market for PBT,'' said Ferdinand Bauerdick, director of DuPont's European engineering polymers business.
``Neither of the two companies ... can make adequate use of such a plant immediately on their own,'' added Bayer polymers chief Hagen Noerenberg.
Global PBT demand is expected to grow 6-8 percent a year in the next few years, officials said. PBT's good heat and chemical resistance, along with high stiffness and processing ease, have led to its use in the automotive and electrical/electronic markets. Those markets make up about 80 percent of total PBT use.
The firms will split the plant's output, with DuPont using the Crastin brand name and Bayer the Pocan name. European PBT demand was estimated at almost 310 million pounds in 2002.
DuPont is in Wilmington, Del.; Bayer in Leverkeusen, Germany.
Battenfeld Chen sues over pipe extruder
SHUNDE, CHINA - Battenfeld Chen Extrusion Systems, the 7-year-old, Shunde-based machinery joint venture of SMS Plastics Technology and Chen Hsong Machinery Co. Ltd., is suing Dongguan Weltec Machinery Ltd., charging that firm is trying to copy its single-screw extruder for making polyethylene pipe.
Dongguan Weltec is a unit of publicly traded Cosmos Machinery Enterprises Ltd. in Hong Kong. Cosmos did not respond to an e-mail seeking comment for this story.
The lawsuit was filed in Foshan Middle Court in China. SMS of Meinerzhagen, Germany, said the court seized the allegedly copied machinery and issued a subpoena Oct. 29 to Dungguan Weltec. SMS claims that Battenfeld Chen discovered that Dongguan Weltec Machinery had approached Battenfeld's suppliers a year ago with drawings, trying to ``build essentially exact copies'' of the extruder.