Prinsco opening new factory in Calif.
WILLMAR, MINN. Prinsco Inc., the nation's No. 2 player in corrugated high density polyethylene pipe production, is opening a new, 40,000-square-foot plant in Fresno, Calif.
It will be the company's first plant in the West. Willmar-based Prinsco's five current facilities are peppered throughout the Midwest two in Minnesota, one in Illinois, one in Iowa and another in Missouri.
Prinsco officials will hire 15-18 workers to run the leased plant, which is expected to begin operating soon.
The facility will extrude pipe in diameters from 3-60 inches, said operations Vice President Jeremy Duininck, in an Oct. 31 telephone interview.
``We wanted to take our manufacturing and customer service out to a new geographic area,'' he said. ``We cover the Midwest pretty thoroughly, and we're just looking at new market opportunities.''
The California location also could open up prospects for international shipping, Duininck said.
The company has a new pipe product, called EcoFlo, with a green building focus. EcoFlo contains at least 50 percent recycled materials.
Leon shuttering molding plant in Neb.
GRAND RAPIDS, MICH. Auto supplier Leon Plastics Inc. is restructuring its U.S. operations to consolidate production in Grand Rapids and close an injection molding plant in Alda, Neb.
Officials with the Grand Rapids-based company said in local news reports that they need to adjust Leon's manufacturing to keep pace with slower U.S. auto sales.
Leon Plastics injection molds interior and exterior trim. The Alda plant employs 140. It is set to close before May.
Bringing the Alda work to Grand Rapids will move parts production closer to the auto plants, cutting transportation costs, the company said.
Two firms purchase Blue Water assets
DETROIT Two injection molding companies have bought equipment and certain other assets of two closed plants from bankrupt auto supplier Blue Water Automotive Systems Inc., according to court filings.
Marysville, Mich.-based Blue Water entered Chapter 11 protection with U.S. Bankruptcy Court in Detroit, in February; it closed the bulk of its plants in August. Also in August, the company sold a plant in St. Clair, Mich., to Engineered Plastic Components Inc. of Grinnell, Iowa.
The two deals approved since then involve only equipment, including injection molding presses, dryers and grinders.
Auto supplier Central Carolina Products Inc. of Burlington, N.C., purchased the presses and auxiliary equipment from Blue Water's Burlington plant for $1.6 million.
Camoplast Inc. of Sherbrooke, Quebec, paid $711,000 for the assets at Blue Water's Caro, Mich., site. Camoplast also is leasing the Caro facility, for up to a year, as a warehouse for the assets until it can move them out.
Camoplast molds rubber and thermoplastic treads and track systems for all-terrain and industrial vehicles and snowmobiles.
Huronia equipment on auction block
MIDLAND, ONTARIO Equipment of Huronia Precision Plastics Inc. will be auctioned Nov. 26 at the former firm's Midland premises.
Huronia was petitioned into receivership Sept. 17 by its main lender, the Bank of Nova Scotia, according to court documents. Zeifman Partners Inc. is acting as receiver for Huronia.
``There were insufficient sales to meet the overhead,'' said Allan Rutman, a partner in Toronto-based Zeifman. As well, there were some quality problems as evidenced by rejected parts, Rutman said in a telephone interview.
Huronia mainly injection molded automotive parts. Its assets include 10 Engel presses, with clamping forces of 55-500 tons, and a range of granulators and robots in two side-by-side facilities. Infinity Asset Solutions of Concord, Ontario, will hold the auction.
Huronia employed around 80 at the time of its demise, but employment had been as high as 140. The business was founded about 20 years ago.