Esseplant appoints U.S. unit managers
CHARLOTTE, N.C. - Housewares maker Esseplast USA Inc. of Charlotte has a new management team, nearly one year after setting up injection molding operations.
Esseplast's directors decided top officials from Italy should be more involved in the expansion of North American operations, according to a news release.
The firm named Mauro Valentini vice president of logistics and production. Valentini relocated from Esseplast SpA of Romano d'Ezzelino, Italy. Gary Greene was named vice president of North American operations. He was national sales and marketing director.
The firm has settled into its 122,000-square-foot site in Charlotte, which includes office, production and warehouse space. Esseplast makes the Michael Graves cleaning line and has grown to supply Linens 'n Things, Williams Sonoma and Crate & Barrel.
Northland to launch Wis. molding plant
MAUSTON, WIS. - Plastics recycler Northland Group of Cos. plans to set up an injection molding facility in New Lisbon, Wis.
Northland will lease a 32,000-square-foot warehouse after the city cleans up the site, according to a news release from the Wisconsin Department of Commerce. A former recycling tenant contaminated the building, said Juneau County Economic Development official Terry Whipple. He predicts Northland will move into the cleaned-up building early in 2006.
Officials with Mauston-based Northland did not respond to requests for an interview.
Wisconsin's Commerce Department granted $300,000 to New Lisbon under a brownfields program to buy and develop the site and its 3.2 acres. Total project cost is about $900,000. The program is designed to spur remediation and return contaminated lands to productive use.
USPoly moves closer to PW Eagle merger
EUGENE, ORE. - PVC pipe producer PW Eagle Inc. of Eugene is buying the 27 percent remaining interest in subsidiary USPoly Co., a polyethylene gas pipe and fittings maker in Shawnee, Okla., that it has majority owned since 2004.
``We can take advantage of sharing resources, conducting joint sales and marketing efforts and capturing some economies of scale,'' PW Eagle Chairman Steve Spell said in an Oct. 3 release.
Combined financial performance should improve, and by adding PE products that serve different end markets and geographies, PW Eagle's financial results should be less volatile, Spell said.
The deal is subject to approval of minority USPoly shareholders, who will get a combination of cash and securities.
Gait Packaging buys some Chep assets
SYDNEY, AUSTRALIA — Brambles Industries Ltd. of Sydney has sold its Chep USA Inc. reusable plastic container assets to Gait Packaging Ltd. of Miami.
Chep USA, based in Orlando, Fla., buys and leases various types of returnable pallets and containers. RPC is a small part of Chep, which generates more than $2 billion in annual sales. The RPC business mainly involves polypropylene returnable containers for transporting fresh produce.
Gait, based in Miami, is owned by a Miami holding company that has other packaging assets.
The sale, announced Sept. 20, is effective Oct. 15. A Brambles spokesman would not name the sale price, but the company said Chep USA's RPC assets were worth US$23 million as of June 30.
The spokesman said the assets were sold because Chep USA's other divisions were more profitable. ``The market for RPCs in the U.S. is very competitive and Brambles does not believe it can compete,'' he said. He said there will be no job losses because of the sale.