Supplier Dotmar buys New Zealand company
SYDNEY, AUSTRALIA - Sydney-based stock shape and component supplier Dotmar EPP Pty. Ltd. has bought Engineering Plastics Ltd. of New Zealand.
Terms were not disclosed, but the purchase includes new Zealand operations in Auckland, Palmerston North and Christchurch.
EPL has changed its trade name to Dotmar Engineering Plastics Ltd.
Dotmar specializes in thermoplastics used in production/process engineering, electrical/electronics engineering, food packaging, infrastructure, mining, automotive and other manufacturing industries. Its materials inlude acetals, advanced engineering plastics, nylons, polyethylene, polypropylene, polycarbonate, PVC and polytetrafluoroethylene.
EPL's products include plastic seals and specialty services for bottling, canning and food-processing industries. EPL was launched in 1975.
Bill Garland, Dotmar's managing director, had no comment.
India company to sell Progressive products
WAUCONDA, ILL. - Progressive Components International Corp. has signed a deal with India's Stiack Engineering Pvt. Ltd. to sell Progressive's mold-making components in the region.
Previously, Progressive sold parts in India through its offices in Asia, but the agreement with Stiack gives the Wauconda-based company a partner on the ground there.
India has seen an increase in the mold-making and molding businesses in the country for both domestic and international markets.
The deal, announced Jan. 12, will make it easier for companies in India to get the same parts they use in other manufacturing regions, officials said.
The Indian firm has its headquarters in Mumbai and offices throughout India in Pune, Chennai, Delhi, Coimbatore and Bangalore. The agreement will allow Stiack to sell all of Progressive's globally available components.
Stiack also has its own line of components and steel used for tools and dies.
* Demag Plastics Group, headquartered in Schwaig, Germany, has named Engineered Plastics Machinery Sales Co. of Batavia, Ill., to represent its machinery line in Wisconsin and northern Illinois.