Tennessee stadium to bear LP's name
NASHVILLE, TENN. - Louisiana-Pacific Corp. will pay $3 million per year for the next decade to have its name on the National Football League's Tennessee Titans stadium in Nashville, the company announced June 6.
The Titans' home now will be known as LP Field.
The company hopes the $30 million naming-rights deal will turn the Nashville-based building products maker into a household name.
``The LP brand will gain exposure and grow through this dynamic alliance with the Titans,'' said Rick Frost, LP's chief executive officer, in a news release.
Cereplast, Duni form package partnership
ATLANTA - Bio-based resin maker Cereplast Inc. of Hawthorne, Calif., and thermoformer Duni Corp. of Atlanta have partnered to make a line of sustainable take-out packaging.
The companies announced the partnership May 31. Duni will use Cereplast's resin to make compostable food packaging for restaurants and consumer products.
The project gets Duni into two-piece containers, where it has been known for coextruded hinged containers, Duni spokeswoman Annika Randrup said June 5 by telephone. Duni will use the bioresins to make both types of containers, processing them on existing equipment at its plant in Thomaston, Ga.
The New York-based Biodegradable Products Institute has granted the use of its logo for the containers.
LCS Precision adds 300-ton Haitian press
WATERVILLE, MINN. - LCS Precision Molding Inc. is boosting its ability to make larger parts with the recent installation of a 300-ton Haitian injection press.
The press, which has a shot size of 24 ounces, is the firm's sixth new press in the past 18 months, said Barb Fasnacht, project manager at LCS.
She said the newest machine was installed in late May and is the third Haitian LCS has purchased. LCS has been boosting its press size lately as part of a $500,000 equipment addition and upgrade. LCS now has 14 presses, with clamping forces of 50-300 tons. Waterville-based LCS is ISO 9001:2000 certified.
Fasnacht said LCS, which does proprietary and custom molding, is running two shifts at its 15,000-square-foot facility. It also has its own tool shop.
``We've been making window and door parts for most major manufacturers, but we do a lot of consumer products, too,'' Fasnacht said.
The company upgraded to satisfy customer demand and boost efficiency, she said.
LCS now has 45 employees.