Auto supplier Hanwha to build U.S. site
OPELIKA, ALA. - South Korea's Hanwha L&C Corp. is building its first factory in the United States, with its Maxforma Plastics LLC division launching a $14 million plant to supply Hyundai Motor Co.'s new North American assembly plant.
The Maxforma site in Opelika will employ 100 when it is fully operational, molding glass-mat thermoplastic bumper beams and expanded polypropylene, impact-resistant bumper cores, the company said April 19.
Construction on the 80,000-square-foot facility will begin in May, with full production expected before the end of the year.
The rapid launch will allow the company to meet customer obligations, said Daniel Yu, Maxforma vice president and chief operating officer, in a news release.
Seoul, South Korea-based Hyundai begins selling its first U.S.-made cars and trucks this year from its new Montgomery, Ala., assembly plant.
Hanwha, also based in Seoul, already supplies Hyundai in South Korea and China. Its other branches make wood flooring, window components and acrylic countertops.
Indiana's Bourbon plans Texas facility
BOURBON, IND. - Bourbon Plastics Inc. plans to open an El Paso, Texas, facility in September to serve current customers in the region and support the Electrolux AB plant in nearby Ciudad Juarez, Mexico.
In El Paso, the injection molder intends to lease about 11,000 square feet of space and install three or four presses with clamping forces of 50-500 tons.
The 32,500-square-foot operation in Bourbon employs 40 and operates 20 presses of 35-700 tons. A new, 50-ton Ube electric went into service in January, and a used, 85-ton Milacron in December.
The firm had sales of $4.5 million for the fiscal year ended Sept. 30 and anticipates sales growth of 30 percent at its current facility over three years.
``We have created an organizational structure that will support growth both in our Southwest and Midwest facilities,'' said Rick Green, president and chief operating officer.
Bourbon Plastics produces connector housings and electrical components, along with a range of custom molded products. The firm sells largely into the appliance market and also supplies the wire and cable, furniture, secondary automotive and recreational vehicle industries.
Electrolux of Stockholm, Sweden, closed an El Paso plant in August, transferred some of that production to its Ciudad Juarez plant and moved to outsource components manufactured at that plant.
Loxcreen's Oregon operation growing
WEST COLUMBIA, S.C. - Extruder Loxcreen Co. Inc. will move into a new facility in Woodburn, Ore., this summer, increasing its West Coast manufacturing footprint by 30,000 square feet.
The building products manufacturer, based in West Columbia, has operated a plant in Hubbard, Ore., since 1998, said Howard McClure, vice president of its plastics group. The new, 50,000-square-foot plant will replace the leased, 20,000-square-foot site in Hubbard, which is just four miles away.
Loxcreen will start with 10 extrusion lines and expand to 15 in the next year or two, McClure said in an April 20 telephone interview.
The firm also operates an extrusion plant in Brooklet, Ga., where it recently installed a second line for weatherstripping.
Loxcreen's plastics group employs 108 and has annual capacity of 12 million pounds in flexible and rigid profiles and foam weatherstripping. In 2004, it reported $18 million in plastics extrusion sales, with total sales of $115 million.
B. Marvelley no longer Battenfeld exec
GLOUCESTER, MASS. - Brian Marvelley has left his post as president and chief executive officer of film equipment maker Battenfeld Gloucester Engineering Co. Inc., but plans to stay with parent SMS Plastics Technology of Meinerzhagen, Germany.
Marvelley's last day was April 19. Reached at home April 22, he declined to say why the change was made, or what his role will be with the SMS. He has worked at the Gloucester machinery maker since 1985, and in his current role since 2002.