HellermannTyton consolidates in Wis.
MILWAUKEE - Injection molder HellermannTyton North America is spending $7.8 million to expand in Milwaukee, as it closes its plant in Naples, Fla.
The Naples site employed about 100 in manufacturing and assembly of electronics cables, cable ties, fasteners and mounts for the automotive and data markets.
HellermannTyton's consolidation plans involve expanding its Milwaukee plant, and buying and renovating another facility there. The project will add about 154 HellermannTyton jobs in Milwaukee during the next three years, the state of Wisconsin said in a Jan. 8 news release. The state said it is providing $548,000 in tax credits to help finance the expansion.
The move will streamline HellermannTyton's production and distribution, the Milwaukee-based firm noted in a news release.
St.-Gobain acquires tubing maker IFK
Aurora, Ohio - Saint-Gobain Performance Plastics Corp. of Aurora has acquired IFK Isofluor GmbH, a Neuss, Germany-based manufacturer of fluoropolymer tubing.
Terms of the Dec. 31 deal were undisclosed. In a news release, Tom Kinisky, president of Saint-Gobain Performance Plastics, called IFK an excellent fit for his firm, which makes reinforced-plastic hose and tube for pharmaceutical, health-care and other industries. IFK's fluoropolymer tubing is used in such sectors as aerospace and transportation, electronics, chemical and pharmaceutical manufacturing, and food processing. The company has two European facilities, in Troyes, France, and Neuss.
Saint-Gobain Performance Plastics plans to integrate IFK into its process systems business, part of its Fluid Systems Division. The IFK and Isofluor names will be used for marketing purposes.
Saint-Gobain Performance Plastics is part of Paris-based Cie. de Saint-Gobain, which had sales of $52 billion in 2006.
Sunoco buys out partner in Epsilon JV
PHILADELPHIA - Sunoco Chemicals now is the sole owner of a polypropylene resin plant in Marcus Hook, Pa., after buying out a former joint venture partner, Sunoco said in a news release.
Sunoco Chemicals had owned half of Epsilon Products Co. LLC, and bought the remainder from BAR-L, an affiliate of Washington, Pa.-based compounder Washington Penn Plastic Co. Inc. Terms of the Jan. 1 deal were not disclosed.
Sunoco Chemicals is a unit of Philadelphia-based Sunoco Inc.
The Marcus Hook plant is adjacent to a Sunoco Inc. refinery. The PP plant has annual capacity of 750 million pounds.
Tooling groups seeking political clout
ROSELLE, ILL. - The American Mold Builders Association has joined the Tooling Manufacturing & Technologies Association to boost its political advocacy outreach.
Joining TMTA will give the AMBA and its members a strong political voice, which it does not have now, said AMBA Executive Director Melissa Millhuff in a Jan. 4 telephone interview. The AMBA will remain an independent group, she said, but will work on larger political issues with Farmington Hills, Mich.-based TMTA - which changed its name from the Michigan Tooling Association in 2007.
``We feel that we're going to make the political impact we've wanted to by joining forces with the TMTA,'' she said.
AMBA, based in Roselle, may join with other advocacy groups to advance other causes, such as education in manufacturing to help prepare young people for work in tooling, she said.
Artek adding UHMW PE sheet capacity
FORT WAYNE, IND. - Artek Inc. of Fort Wayne will expand capacity for its ultrahigh-molecular-weight polyethylene sheet.
The firm is spending $1.8 million on new production equipment at its Fort Wayne plant. The extruded sheets are used for conveyor systems and other applications in industries such as agriculture, food processing, pulp and paper, and textiles.
``This is our second expansion in three years,'' Artek owner Dennis Dammeyer said in a news release.
The Fort Wayne Economic Development Commission recommended the expansion project receive Economic Development Bond Financing. Government officials are considering property-tax abatement worth about $66,000 over five years.
Artek employs 42 full time, but that number is projected to rise to 48 by year's end, and to 57 by 2011.