Injectron buys 1,950-ton Toshiba press
PLAINFIELD, N.J. - Injectron Corp. added a 1,950-ton Toshiba injection molding press in early September to expand its ability to make large parts.
The largest machine at the Plainfield injection molder was 1,500 tons. Injectron President and owner Lou Pollak said the new machine is intended for present customers and also to create new business.
As an example, Pollak pointed out that the point-of-purchase trays Injectron makes now can be doubled in size. The company also serves the materials-handling, construction, lawn and garden, medical equipment, consumer products, food and beverage and sporting-goods markets.
The company has 350 employees and operates 24 hours a day, seven days a week in a 300,000-square-foot facility. He said the company could add six to nine people in the next year for downstream operations. Injectron does in-house decorating, assembly, packaging and warehousing.
The company was founded in 1959 by the late William Cadieux in New York. The firm moved to New Jersey in 1973.
Pollak said the company has about $28 million in sales and has been growing steadily at 7-10 percent annually for the past few years.
Edlon Inc. sells PSI division to Cranex
STAMFORD, CONN. - Diversified manufacturer Crane Co. of Stamford has purchased the PSI division of Edlon Inc., a maker of plastic-lined pipe and fittings based in Charleston, W.Va.
Publicly held Crane did not disclose terms. PSI's plant in Charleston will close by Oct. 30, according to a Sept. 1 report in The State Journal. The plant employs 86.
Neither Crane Co. nor Robbins & Myers officials returned calls before deadline.
According to its Web site, Edlon has created several fluoropolymer products and processes, including fluorinated ethylene propylene-lined internals for glass-lined reactors; polyvinylidene fluoride-coated truck-tank trailers; and PVDF-lined railroad tank cars. The divested business only includes pipe and fittings. Edlon will continue its special products and vessel accessories businesses, headquartered in Avondale, Pa.
Edlon is a wholly owned subsidiary of Robbins & Myers Inc., a publicly held firm in Dayton, Ohio, that supplies pharmaceutical, energy and industrial equipment.
SPE seeks donations for scholarships
MILWAUKEE - The Society of Plastics Engineers Thermoforming Division is raising funds for thermoforming-related engineering scholarships.
Auction house Stopol Inc. of Solon, Ohio, and thermoforming equipment manufacturer Maac Machinery Corp. of Carol Stream, Ill., have joined forces on behalf of the SPE Student Scholarship Fund. The firms are seeking donations of gift cards to use as awards at an auction during the SPE Thermoforming Conference and Exposition, being held Sept. 24-27 in Milwaukee.
El Monte founder Gene Kite dies at 85
SOUTH EL MONTE, CALIF. - Gene Kite, 85, a partner and co-founder of El Monte Plastics Inc. in South El Monte, died July 28 from complications of pneumonia.
Kite began his plastics career as sales manager of Inca Plastics Molding Co Inc. of Santa Fe Springs, Calif., and eventually became co-owner. His El Monte partner credits him with helping to develop spin-welding technology for the rotational molding industry.
His son Michael is president of rotational molder Freeflow Products Inc. of Ontario, Calif.
DSM finishes up nylon plant expansion
EVANSVILLE, IND. - DSM Engineering Plastics of Evansville completed a sizable expansion of its nylon 6 resin plant in Emmen, the Netherlands, in July - two months ahead of schedule.
The expansion increases nylon 6 capacity in Emmen by one-third, DSM said in a recent news release. The project covers high-viscous grades of Akulon nylon 6 for film applications in flexible packaging, primarily for food and medical markets.