Myers becomes sole owner of Amerikan
AKRON, OHIO Myers Industries Inc. has taken full ownership of garden nursery container business Amerikan two years after buying a 50 percent stake in the blow molding operation.
Akron-based Myers announced Aug. 18 that it has purchased the other half of the business, based in Sebring, Fla., from former joint venture partner Florikan ESA Corp. of Sarasota, Fla.
The companies did not disclose a purchase price.
Amerikan molds nursery containers with 100 percent recycled content. The acquisition supports Myers' presence in the Florida region, where Myers works with growers and distributors, and the site is key in supplying containers as they are needed.
Green Leaf gets into sprayers, expands
FONTANET, IND. Injection molder Green Leaf Inc. is adding employees and space as it expands into a new product line of lawn and garden sprayers.
Green Leaf recently added nine workers to its 57 employees in Fontanet, where it is based. The company expects to add 10-12 employees this year, with more in 2010, said President Pete Goda in an Aug. 26 telephone interview.
The company also is starting a $1.4 million, 26,000-square-foot addition to its existing 70,000 square feet to provide room for future production and equipment.
In addition to its nylon and polypropylene valves, couplings and fittings for lawn and garden equipment sold at agriculture and home-improvement retail shops, Green Leaf saw the opportunity to make other products using existing equipment and market knowledge. The firm's new sprayers are used on pull-behind garden tractors.
The business also is looking at ways to replace metal with plastic in its original parts in its push to develop new products, Goda said.
The state of Indiana is providing up to $120,000 in tax credits and $15,000 in training grants to support the expansion.
Reilly opens foam facility in Midwest
CONSHOHOCKEN, PA. Reilly Foam Corp. is doing its part to help the U.S. economy exit the recession by opening a new foam fabricating plant in Naperville, Ill.
The 121,000-square-foot site opened in July. It employs 20, but will gain 50-80 workers in the next 18 months, owner Charles Reilly said in an Aug. 26 telephone interview.
Almost all of the plant's equipment is new, added Reilly, who launched the Conshohocken-based firm 36 years ago. The facility will perform cutting, gluing, dyeing and lamination on foam manufactured from polyurethane, polyethylene, PVC and other materials.
The material's uses include household and medical applications, and water bottles.
The new plant is needed to serve the Midwest, Reilly said.
We were shipping five truckloads a week to that part of the country, and our customers wanted us to be closer, he said.
Reilly Foam also plans to install a clean room in Naperville to try to get deeper in the medical market, Reilly said.
The company employs 250 at four sites and expects to post sales of $35 million in 2009.
Lego installing 'hundreds of machines'
BILLUND, DENMARK Though the real construction industry is struggling, sales of miniature plastic bricks are thriving as Lego boosts its molding capacity worldwide.
Spokeswoman Charlotte Simonsen would not disclose Lego's is investment, but said the firm is installing new molding machines and molds at three injection molding plants, in Denmark; Nyíregyhaza, Hungary; and Monterrey, Mexico.
We are installing hundreds of machines in these three areas, she told European Plastics News. The installation began earlier this year and will continue up to the beginning of 2010.
The Billund-based firm also is building a warehouse at a plant in Kladno, Czech Republic.
Lego's profit and sales have grown in the first half of the year. The firm said it achieved double-digit growth in sales in all of its markets, despite a slowdown in the global toy market.
CEO JÃ¸rgen Vic Knudstorp said in a news release, As the bulk of toy sales occur during the last few months of the year, considerable uncertainty remains about the full-year result.
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