American Rubber closing rubber plant
LAPORTE, IND. - American Rubber Products Corp. will shut a foamed rubber operation as extruded thermoplastics replace the materials.
The firm will move extrusion equipment from its Niles, Mich., plant into its headquarters production complex in Laporte. American Rubber will stop making sponge rubber in Laporte because costs of the materials have made them uneconomic.
Extruded polymers with one or more hardness layers are replacing sponge rubber in automotive seals and gaskets, said American Rubber Co-President Mark Dilley. The Laporte and Niles plants have three Davis-Standard extrusion lines, he said by telephone. Dilley expects his firm eventually will need more.
American Rubber extrudes thermoplastic polyolefins and thermoplastic elastomers, the chief polymers to replace rubber. Its lines are capable of making profiles with up to three different hardnesses.
American Rubber will close the 40-employee Niles plant by July 31. As demand for thermoplastic seals rises, the 15,000-square-foot Niles facility has become too small to handle the growth. American Rubber will invest about $600,000 in Laporte to accommodate the move from Niles. Laporte employs about 150 and expects to hire 29 more people during the next two years as it boosts thermoplastic seal production.
Pegasus Plastics is going up for sale
WINDSOR, ONTARIO - Automotive parts molder Pegasus Plastics Inc. is for sale.
The Windsor-based firm's assets are being offered on a tender basis by receiver BDO Dunwoody Ltd. of Windsor. Deadline for the tenders is July 5.
Pegasus makes aftermarket auto parts, said BDO Dunwoody. Pegasus also is a significant prototype parts producer, according to the company's Web site. Besides molding, Pegasus offers assembly, coating, metal plating and decorating services.
BDO Dunwoody is acting as receiver for an undisclosed secured creditor. Officials for the receiver and Pegasus declined to elaborate on the company's status and its assets.
Gallina to begin U.S. sheet production
MILTON, WIS. - An Italian maker of polycarbonate sheet plans to start U.S. production.
Gallina USA LLC, a Milton-based subsidiary of La Loggia, Italy-based Dott. Gallina srl, is relocating to a 50,000-square-foot leased plant in nearby Janesville, Wis.
Gallina USA President Amit Israeli said the company plans to invest $2.5 million to install an extruder and make rigid PC locally, instead of importing it from Italy. The PC sheet can be up to 7 feet wide. The sheet is used in greenhouses, skylights and interior walls, Israeli said in a telephone interview.
Gallina USA currently employs six; the unit intends to add seven more employees in the next three years.
Israeli said he chose Janesville because it is near Milton, so layoffs could be avoided, and because it is a central U.S. location, making exporting across the country easier.
Regarding future expansion, Israeli said, ``I'm not happy and satisfied. This is just the first step.''
Standridge pilot flies into restricted area
WASHINGTON - A pilot for plastics color compounder Standridge Color Corp. caused a brief evacuation of the U.S. Capitol, White House and other government office buildings June 29 when he apparently mistakenly flew a company aircraft into restricted airspace over Washington.
According to wire reports, pilot Scott Murwin had dropped off Standridge employees at a seminar in Delaware and was flying to Ohio when he guided the King Air 350 turboprop into restricted airspace at about 6:30 p.m., eight miles from the Capitol building.
Standridge is based in Social Circle, Ga., and has a plant in Defiance, Ohio.
Fighter planes were scrambled from nearby Andrews Air Force Base in Maryland and escorted the plane to an airport outside Washington, in Winchester, Va.
Murwin's wife told the Athens Banner-Herald in Athens, Ga., that it was an ``honest mistake'' and that authorities would not be pressing charges. The evacuation was called off after about 10 minutes. A similar scare caused from a private plane led to the evacuation of Washington government buildings May 11.