Lee Container Corp. plans to open its third manufacturing facility with the Nov. 21 purchase of a former Newell Rubbermaid Inc. plant in Centerville, Iowa.
The Homerville company said in a news release it plans to start production at the plant in the second quarter of 2008.
Besides its headquarters in Georgia, Lee also operates a plant in Nacogdoches, Texas, which it opened in 2004.
Executive Vice President Robert Varnedoe said the company is expanding to serve its current markets. Lee blow molds high density polyethylene containers for crop protection, lubrication, pet care, beverage, specialty and household markets.
Rubbermaid closed the Centerville plant in September 2006.
Germany's KVK building U.S. operation
Reinstorf, Germany - German blow molder KVK Koetke GmbH is coming to the U.S., investing $3 million to build a plant in New Castle, Ind.
The plant, called KVK U.S. Technologies Inc., will support KVK's growth in North America, making functional parts for the auto industry and the medical market.
KVK, based in Reinstorf, employs more than 200 in Germany and Slovakia. The new facility will launch with one machine. KVK hopes to have 25 employees by 2010, company founder Claus-Dieter Koetke said in a Nov. 27 news release.
The Indiana Economic Development Corp. is providing $192,000 in tax credits and as much as $15,000 in training grants. The city of New Castle is providing tax abatements and the New Castle/Henry County Economic Development Corp. will provide $1,000 in site improvements.
Mathson to make BMW parts in S.C.
TROY, MICH. - Auto supplier Mathson Industries Inc. will open a $5 million plant in Hodges, S.C., to mold parts for German automaker BMW AG's U.S. assembly plant.
The Mathson plant has eight injection molding presses from Negri Bossi SpA, with clamping forces of 70-3,000 tons. Troy-based Mathson expects to employ 50 people at the Hodges site, which will ship parts to BMW's plant in Spartanburg, S.C.
Mathson makes fuel filters, thermostat assemblies, pedal systems, exterior trim, including spoilers, and other parts.
Redwood Plastics acquires BC Rubber
Surrey, British Columbia - Plastics distributor and fabricator Redwood Plastics Corp. has expanded its elastomers position by buying BC Rubber Supply Ltd.
Redwood, of Surrey, will operate BC Rubber as a separate entity in Langley, British Columbia, and keep its management team. Terms of the deal, completed Nov. 5, were not disclosed.
BC Rubber manufactures and distributes rubber, silicone rubber and polyurethane products, including sheet, compression molded products and gaskets.
Redwood has two plants and seven branch locations, including in Canada and the U.S. It supplies thermoplastics and thermosets in sheet, rod, tube and custom-made shapes, and makes PU shapes and cast nylon. Fabrication capabilities include computer numerically controlled machining and welding.
Redwood is part of Prisma Plastics International Inc., an alliance also comprising Warehoused Plastics Inc. of Toronto, and Plastique Alto Inc. and Plastique Polyfab Inc., both of Quebec City.
Jones to shut injection molding facility
LOUISVILLE, KY. - Custom injection molder Jones Plastic & Engineering Co. LLC plans to close its Leitchfield, Ky., plant in January, according to published reports.
The company declined comment.
The closing will eliminate 260 jobs, according to a recent story in Leitchfield's local newspaper, the Grayson County News-Gazette.
Jones said in a statement its sales volume cannot support four U.S. molding plants. Jones, based in Louisville, operates a plant there, as well as in Williamsburg, Ky., and Camden, Tenn. It also does injection molding in Monterrey, Mexico.
Some of the Leitchfield work will be moved to the firm's other U.S. plants, the News-Gazette reported. Jones will work with the Lincoln Trail Area Development District's Rapid Response unit to help the displaced workers find employment.