Companies merge, adopt name JohnPac
CROWLEY, LA. - Louisiana Bag Co. Inc. and La Pac Manufacturing Inc. are combining and changing their name to JohnPac Inc.
Owners Peter and David John decided to put their manufacturing, packaging, selling and distribution businesses under one umbrella to reflect their shared heritage and global sales, the company said. Louisiana Bag has been the selling and distribution entity, while La Pac has been the manufacturing arm for the Crowley companies.
The firms' origins go back 54 years. La Pac is a vertically integrated producer of polypropylene intermediate bulk commodity bags, small woven bags and biaxially oriented PP bags. JohnPac also will include Louisiana Bag's more than 200,000 square feet of distribution space.
VIP buy under watch of Australian panel
MELBOURNE, AUSTRALIA - Australia's competition watchdog is expected to announce in September if it will approve the proposed purchase of plastics company Brickwood Holdings Pty. Ltd. by rival VIP Plastic Packaging Pty. Ltd.
The proposed deal between the two Melbourne-based firms is being scrutinized by the Australian Competition & Consumer Commission to determine if it will lessen market competition.
ACCC has called for public submissions and is expected to announce its decision Sept. 19.
Brickwood manufactures blow molded products, such as milk and juice bottles, plastic pallets and mobile garbage bins, and operates similar businesses through Full View Plastics Pty. Ltd. in Sydney and Logan Moulders Pty. Ltd. in Brisbane. The two affiliated companies are included in the VIP buyout bid.
VIP is part of Pact Group and was acquired in 2003 from Visy Industries Pty. Ltd. by the Geminder family, headed by Raphael Geminder.
Visy operates several subsidiaries that manufacture plastic and cardboard packaging and paper and pulp products. Visy also has a recycling business. Visy is owned by the family of Chairman Richard Pratt, who is Geminder's father-in-law.
A Pact Group spokesman said there is no connection between VIP and Visy, although ACCC is expected to consider the links between the Geminder and Pratt families.
The spokesman also said VIP will not disclose the proposed purchase price for Brickwood and will not make further comment until the commission has finished its examination.
ACCC said it is considering the market impact of the proposed purchase, especially common ground between VIP and Brickwood - a maker of PET, polypropylene, PVC and polyethylene products, including containers and closures.
The commission said it is looking at factors such as how readily buyers of such products can switch to alternative suppliers, any barriers the deal might raise to the entry of new plastics manufacturers and whether the consolidated company will hold an unfair advantage in the market.
In July, ACCC approved Pact Group's acquisition of Melbourne-based plastic packaging maker Baroda Packaging Pty. Ltd. after considering its likely impact on competition in the market for nonbeverage containers, blow molded bottles, small industrial containers and plastic pails.
Brickwood Managing Director Bill Vautin was unavailable for comment.
Molder builds press with 425-pound shot
LA MIRADA, CALIF. - M&T Industries LLC of La Mirada has built an injection molding machine with 3,000 tons of clamping force and the capacity to shoot 425 pounds of resin.
``We made the machine for the production of structural foam parts from any polyolefin material,'' said Toshi Ghalebi, the firm's vice president of engineering. ``In-house, the machine is referred to as the `beast' due to its size and the amount of heavy metal.''
The 11-square-foot platens can open more than 9½ feet.
The firm initially will use the press to mold 3-cubic-yard commercial containers for the waste management industry, ``but down the road products may vary from prefabricated units for affordable housing and disaster relief or anything else that needs more than 300 pounds of material,'' Ghalebi said. He plans to use flame-resistant high density polyethylene to mold the housing components.
Ghalebi built a smaller press in the early 1980s for molding plastic pallets, but said he always ``had a passion to make a big one.'' He found it would be ``either extremely expensive or tedious'' to order a commercially available machine with large-scale clamping capability.
Ghalebi started work on the machine in March 2003 and completed it in January. M&T planned to begin production of the Tuffbin-brand waste containers in August.
Mehdi Hatamian and Ghalebi formed M&T in 2003. The firm employs 37 and occupies a 50,000-square-foot building on a 3-acre site with a rail siding. The integrated firm uses software for computer-aided design/manufacturing and also operates computer numerically controlled machining equipment.
The company operates 19 other injection molding machines, with 300-2,000 tons of clamping force.