DaeLim plans plant to make parts for Kia
LEGRANGE, GA. - DaeLim USA will build a 90,000-square-foot injection molding plant in LaGrange to make parts for the Kia Motors Corp. auto assembly plant now under construction in nearby West Point, Ga.
The DaeLim facility will employ 75 once it launches production in mid-2008, according to a news release from the state.
Both Georgia and Alabama have been targeted for new auto parts plants since Seoul, South Korea-based Kia announced plans for its first plant in the United States.
DaeLim, a division of Illinois Tool Works Inc. of Glenview, Ill., makes interior and exterior parts.
Founder seeks buyer for Polymers.com
FITCHBURG, MASS. - The Internet domain name Polymers.com is up for sale, according to Fitchburg-based Plastics.com LLC.
``We've been sitting on it as a asset, but now that we have Plastics.com, we don't need Polymers.com to feed traffic to it,'' said Greg Koski, founder of Plastics.com and Polymers.com.
Koski said the growth of Plastics.com has made the Polymers domain name expendable. Polymers.com was created in 1994, but in recent years has redirected traffic to the Plastics.com site. The Polymers.com name is highly ranked by search engines, directories and other portals, according to Koski.
The value of the name has yet to be determined, but Koski said he expects a sale by the end of the year.
Dow's epoxy business to buy three firms
MIDLAND, MICH. - Dow Chemical Co. plans to acquire three epoxy systems formulation businesses.
The Midland-based company's epoxy business unit signed definitive agreements Sept. 13 to acquire UPPC AG in Mietingen-Baltringen, Germany, and U.S. firms Poly-Carb Inc. in Solon, Ohio, and GNS Technologies in Roberta, Ga.
Dow Epoxy is looking to grow its recently launched systems business, which will focus on applications in civil engineering, specialty protective coatings, composites and wind energy. The three formulators will bring unique abilities to the business, said Pepe Carnevale, global business director of Dow Epoxy Systems.
Poly-Carb specializes in systems that combat infrastructure erosion. GNS Technologies supplies thermoset systems for industrial maintenance and steel structure coatings applications. UPPC manufactures hardeners for epoxy systems.
Terms of the deals were not disclosed.
PRI continues to grow vinyl fence unit
LOGAN, UTAH - Logan-based Plastics Resources Inc. has added a second coextrusion system to its Mountain West Vinyl Products custom fencing subsidiary - the second phase of an expansion plan that will see the company triple its capacity next year.
A former distributor of Heritage vinyl fencing, PRI's new Davis-Standard coextrusion line will increase the company's vinyl fencing output by 115 percent.
Thermoformer PRI started extruding vinyl fence profiles about 18 months ago.
``We've had no problems selling it,'' said Jef Hoggan, PRI's president and chief executive officer, in a Sept. 10 telephone interview. ``Utah is one of the hotter states. [Las Vegas] is starting to take off fairly well. We're in the process of trying to enter the California market.''
Mountain West offers rigid vinyl privacy fencing in white and beige.
PRI has its own machine shop. Company officials may relocate extrusion operations to a new plant in Smithfield, Utah, that Hoggan also owns, but is leasing to another company. If the current tenant ends its lease, PRI will move the Mountain West operation there next summer, Hoggan said.
In 18 months, the vinyl fencing unit has grown to 30 percent of the company's overall sales, he said.
``We are growing and being aggressive in the vinyl fence market in the western U.S., along with the rest of our business product markets,'' he said in a news release.
Significantly shorter lead times than the market-leading competitors have allowed Mountain West products to gain market share, he said.
``Seldom does a customer ever have to wait,'' he said.
PRI processes several resins, including polyethylene, polypropylene, polyurethane, high-density PE, polystyrene and ABS.