LMT-Mercer acquires Hartville Plastics
ORLANDO, FLA. - LMT-Mercer Group Inc. of Lawrenceville, N.J., has acquired the assets of injection molder Hartville Plastics Inc. of Hartville, Ohio.
Officials announced the move Feb. 25 during FenceTech 2004 in Orlando. The 100,000-square-foot site in Hartville will provide production and warehousing operations.
Hartville Plastics had been owned and operated by Robert Andrews since 1994, molding products for appliances and lawn and garden tools. Andrews is retiring, said Anthony Lesenskyj, president of LMT-Mercer. The Hartville site has 24 injection molding machines.
LMT has one molding facility in Lawrenceville. In 1992, the owners founded Mercer Molding Inc. as its molding arm, with 14 machines with clamping forces of 60-720 tons. The operation makes vinyl fence and deck accessories, such as post caps, spindles and picket caps. LMT-Mercer Group also owns mold-building firm Lawrence Mold and Tool Corp.
LMT-Mercer also has moved into thermoformed spindles, making a pressure forming machine and mold, Lesenskyj said. The process allows spindles to be made thinner, lighter and more durable, he said.
Cutlery maker Dispoz-o expands plant
FOUNTAIN INN, S.C. - Dispoz-o Products Inc. is expanding its shipping and logistics capacity with a 45,000-square-foot addition to its 550,000-square-foot facility in Fountain Inn.
``We have experienced significant growth over the past several years and we see that trend continuing,'' Dispoz-o President and Chief Executive Officer Joseph Lancia said in a news release.
In the past few years, annual growth has averaged 23 percent, accounts manager Jeff Swiger said in a telephone interview. The company has invested about $20 million to expand its business in the past few years. That figure includes the current expansion, which is slated for completion by August.
Dispoz-o makes disposable plastic cutlery, drinking straws, meal kits and EnviroFoam products. It operates thermoforming machines, injection presses and extruders. The private company employs more than 700, 8 percent of whom are disabled. It also has distribution centers in Commerce, Calif., and Houston.
Downsized Merritt Davis consults bank
HAMDEN, CONN. - Merritt Davis Corp. is negotiating with its bank to continue operations, President Sandy Guthrie said.
Merritt Davis builds single-screw extruders in Hamden. Guthrie said Feb. 26 that the company is open, but has laid off most production people, except for a few to handle limited manufacturing operations.
``We're restructuring. We've told some people we owe money to hold on and be patient. We're trying to deal with our bank and work it out,'' Guthrie said.
Guthrie said Merritt Davis has informed major customers. ``We've got the support of every major customer,'' he said. ``We haven't closed our doors. We haven't filed a Chapter 11 or anything else. We're actually having good, positive discussions.''
He declined to say how many people work at the company, or how many have been laid off.
Bankrupt Integrated Plastics is closed
SPARTANBURG, S.C. - Integrated Plastics Inc., a small custom injection molder in Spartanburg, has closed its doors, laying off 30 workers, according to a notice filed with the state.
A recorded message tells callers to the company that it filed for Chapter 7 liquidation under the U.S. Bankruptcy Code. Company officials did not return calls for this story.
According to its Web site, the 14-year-old company ran 10 injection presses with clamping forces of 75-500 tons.
MPM planning parts plant in Slovakia
MUNICH, GERMANY - Mannesmann Plastics Machinery GmbH of Munich has picked Slovakia for its Eastern European component-machining plant, which will supply parts for MPM equipment plants.
Construction in the city of Martin Slovakia should begin this summer. MPM spokesman Joerg Hettmann said the plant will employ about 50 and produce small components. Hettmann said the negotiations are continuing and MPM has not signed a contract to buy the land.