Loose Plastics expanding at Mich. HQ
BEAVERTON, MICH. - Sheet extruder Loose Plastics Inc. plans to expand its Beaverton headquarters plant.
The company wants to add 20,000-30,000 square feet of space by the end of the year, said owner and Chief Executive Officer Scott Loose in a recent telephone interview.
``We have new accounts and increases in current accounts,'' Loose said. The company now runs four extrusion lines in its 24,000-square-foot plant and plans to add two more with the extra space, which includes manufacturing and warehouse areas. The project will cost about $1.7 million.
The expansion will be supported by a $150,000 grant toward an extension of Beaverton's water main to the Loose Plastics facility, located just beyond the current main. The water main will help ensure sufficient water pressure for Loose Plastics' expanded fire-suppression system. The company will cover the balance of the $212,000 water main cost.
Loose said his firm now employs 38 and he expects that figure to rise to about 60 when the expansion is done.
Honeywell boosts production at Pa. site
MORRISTOWN, N.J. - Honeywell Specialty Materials is expanding production of its Aclar chlorofluoropolymer film by up to 23 percent at its Pottsville, Pa., plant.
Honeywell Specialty said the project is in response to growing demand for the barrier film, used extensively in pharmaceutical packaging. It expects to complete the expansion by the end of the year. Pharmaceutical companies continue to demand thermoformed materials with superior barrier properties as they introduce new products, said Rick Knight, Honeywell Specialty's global business manager for health care. Aclar has high moisture barrier, chemical stability and clarity, and is biochemically inert, according to the company.
Morristown-based Honeywell Specialty announced the capacity expansion March 26 at Interphext, a pharmaceutical conference and exhibition held in Philadelphia. A spokeswoman said no further details would be revealed.
Invista files lawsuit against DuPont
WICHITA, KAN. - Invista, a Wichita-based fibers and polymers manufacturer, has filed a lawsuit in federal court in New York seeking damages from DuPont Co. arising from alleged safety and environmental noncompliance issues during the period DuPont owned certain Invista sites.
Invista is seeking $800 million in compensatory damages plus additional punitive damages. Koch Industries Inc., Invista's parent, purchased the business from Wilmington, Del.-based DuPont for $4.2 billion in 2004.
The lawsuit that Invista and Koch Industries filed in U.S. District Court contains allegations that widespread and substantial noncompliance occurred at the manufacturing facilities during DuPont's ownership.
DuPont, meanwhile, issued a statement saying Invista's allegations ``lack merit and cannot be supported by evidence or the law.''
F&M plans Calif. center for Smartware
LEOMINSTER, MASS. - F&M Tool & Plastics Inc. is bringing its recycled-plastic Smartware Products to the West Coast, opening a sales and distribution center in Fresno, Calif.
``We recognize California as one of the most eco-friendly states [in which] to grow an eco-friendly line. Our reception at trade shows has been very good,'' President Mark Gasbarro said in a telephone interview.
The company has been selling post-consumer plastic products such as whiskey-barrel planters, landscape timbers and flowerpots for almost four years.
Gasbarro said F&M has learned to work with industrial scrap and uses a supplier that turns the material into pellets. Its landscape timbers, for example, are injection molded from a proprietary blend of recycled polyethylene and polypropylene matrix materials.
The Leominster-based company employs 24 full time and operates a 37,000-square-foot plant. It also has 20,000 square feet of warehouse and distribution space. Annual sales are about $8.5 million, Gasbarro said. He added that F&M sees California as a large market for recycled products.