Tyco closing Okla., Calif. film plants
Tyco Plastics & Adhesives is closing two more film extrusion plants, following through on its announced pledge to consolidate operations and lower costs.
Tyco will shut facilities in Tulsa, Okla., and Torrance, Calif., by March 5, spokesman Jay Pomeroy said Jan. 7. The Tulsa plant employs 96 and the Torrance plant 56.
Both facilities make polyethylene film and formerly were part of the company's Armin Plastics division. Tyco has excess capacity that can be used once the plants close, Pomeroy said.
Tyco now has targeted six film extrusion facilities for closure, affecting about 400 workers.
Tyco International Ltd. said in November that it would evaluate operations across the board and close as many as 30 plastics and adhesives plants.
``Our capacity utilization has risen already at several plants, in part because of the [November] announcement,'' Pomeroy said. ``We're expecting a very strong first quarter for business.''
Tyco International is based in Pembroke, Bermuda, but operates out of Princeton.
Advance Polybag seeks fifth plant site
METARIE, LA. - Plastic bag maker Advance Polybag Inc. said it will choose a location for its fifth manufacturing plant by the end of the month.
The Metarie-based firm is negotiating with two cities in the Northeast, according to sales and marketing Vice President Vic Platta. Once the decision is made, API can have the new plant up and running by the end of March, he said.
The new plant will cover more than 100,000 square feet and will employ about 100, Platta said. The $15 million facility will consume more than 50 million pounds of high and linear low density polyethylene each year. API also has spent $7 million on capital improvements at its other U.S. sites - in Metarie, Oklahoma City and Las Vegas - in the past two years, officials said.
API also operates a plant in Laemchabang, Thailand, which opened in 2001. The firm employs 850 and is a major supplier of T-shirt bags to grocery stores and other retailers.
Privately owned API posted sales of more than $100 million in 2003 and has averaged 15 percent sales growth for the past six to seven years, Platta said.
Windsor plans Tenn. auto parts facility
WINDSOR, ONTARIO. - Windsor Mold Group plans to set up an auto parts injection molding plant in Pulaski, Tenn.
The Windsor firm bought a 54,000-square-foot building and adjacent land and will renovate the facility before beginning molding operations, scheduled for early summer, according to a news release issued by the Pulaski-Giles County Economic Development Commission.
Windsor Mold's Automotive Component Division will run the Pulaski operation, the fifth manufacturing location for the division. The Pulaski plant will employ 30-60 in its first year.
Pulaski's location will allow just-in-time shipments. Other factors that influenced Windsor Mold's decision were local and state governments' cooperation and the Pulaski operation's access to the Tennessee Technology Center and the Tennessee Career Center, the development commission said.
Arrow tax-evasion rebel found guilty
FORT WORTH, TEXAS - Richard Simkanin was found guilty Jan. 7 on 29 federal charges resulting from his refusal to withhold taxes from the paychecks of 49 employees of his injection molding company, Arrow Custom Plastics Inc. of Bedford, Texas.
Simkanin, 59, also was convicted of filing of fraudulent tax refund claims and refusal to file personal returns. Jurors deadlocked on two other counts. He faces a maximum penalty of 129 years in prison. Sentencing is scheduled for April 30 in U.S. District Court in Forth Worth.
An earlier trial ended in a mistrial Nov. 25 when jurors could not reach a decision. Prior to that Simkanin had pleaded guilty to the charges Sept. 30, but the plea agreement fell apart when government prosecutors said they wanted Simkanin to serve five years in jail, not three.