Total Plastics buys Rhode Island Plastics
KALAMAZOO, MICH. - Plastics distributor Total Plastics Inc. has broadened its geographic base with the acquisition of Rhode Island Plastics Inc.
Total Plastics of Kalamazoo finalized the deal July 20. The company did not release terms.
``Expanding our presence in New England will strengthen our overall distribution network,'' Total Vice President Russ Walters said in a news release. The acquisition comes five months after Total expanded into Knoxville, Tenn., with a distribution center.
The deal includes Rhode Island Plastics' 10,000-square-foot facility in Warwick, R.I.
Total's other New England facility is in Worcester, Mass. The firm's 15 distribution sites are clustered in the East, with its farthest western operations located in Indianapolis and Fort Wayne, Ind.; and in Elk Grove Village, Ill.
Total Plastics is a full-line distributor of plastics and related materials, including profiles, tubing, films, lenses, tapes and adhesives. It is a subsidiary of A.M. Castle & Co. of Franklin Park, Ill., North America's biggest distributor of steel and other metals.
Royal seeks higher emissions allowance
WOODBRIDGE, ONTARIO - A subsidiary of vinyl extrusion major Royal Group Inc., based in Woodbridge, is seeking a break from tightened environmental controls.
Royal Polymers has asked Ontario's Environment Ministry for a variance on its standard for vinyl chloride, the chief raw material for vinyl resins that Royal Polymers makes in Sarnia. Royal Polymers wants permission to emit an average of 30 micrograms per cubic meter per day at the fence line of its PVC plant, confirmed a Ministry of Environment spokeswoman. The current standard of 1 microgram per cubic meter per day came into force Nov. 30, 2005, said Cathy Grant.
``We're using the best technology and achieving the best rate we can achieve,'' said Will Hinson, spokesman for Georgia Gulf Corp., owner of Royal Group. The site's best performance has been about 29 micrograms, Hinson said in a telephone interview.
The standard is for the point of impingement, that is, at Royal Polymers' fence line. Previously a 1-microgram guideline on a case-by-case basis had been in effect since 1989. Prior to that year, the guideline was 560 micrograms per cubic meter for a maximum half-hour average.
Hinson said expert toxicological opinion indicates marginally and transiently exceeding the 24-hour standard should not cause any adverse health effects. Industrially zoned land borders the Royal Polymers site on three sides.
Grant said the Environment Ministry does not expect to complete its review of Royal Polymers' request before early 2008.
Composites One expands with PolyGard
ARLINGTON HEIGHTS, ILL. - Distributor Composites One LLC is expanding its Southeast operations with the acquisition of the assets of PolyGard Inc. of Tampa, Fla.
PolyGard, founded in 1975, operates from sites in Tampa and Fort Myers, Fla., as well as Acworth, Ga. It serves customers primarily in Florida, Georgia and Alabama, as well as North and South Carolina.
``We are looking forward to incorporating their people ... into our organization,'' Leon Garoufalis, Composites One president and chief operating officer, said in a news release.
PolyGard manufactures fine gel coats and distributes resins, fiberglass and associated materials.
This marks the fifth acquisition in the past eight years for Composites One, based in Arlington Heights. The company was formed in 1999 when Great Lakes Synergy Corp. and Cook Composites and Polymers formed a joint venture to create a composites distribution network.
The firm operates out of 33 distribution centers, two in Canada and the rest in the U.S., including eight sites in the South.
Excellent Poly's N.Y. site gets tax break
NEW YORK - New York's Industrial Development Agency on July 24 agreed to provide $690,000 in tax benefits to help custom bag printer Excellent Poly Inc. expand.
The company is buying a 30,000-square-foot space in Brooklyn for $2 million. Excellent Poly will add 12 new positions to its staff of 17.