New SPI officers include Keller, Cude
WASHINGTON Chris Keller, president of auxiliary equipment manufacturer Conair Group Inc., has been named chairman of the executive board of the Society of the Plastics Industry Inc.
Keller replaces immediate past chair Jim Buonomo, chief strategy officer and chief financial officer of Nypro Inc. in Clinton, Mass.
The new SPI officers, elected at the SPI board meeting in mid-October, were announced Oct. 29. Jay Cude, president and CEO of Coeur Inc. in Lebanon, Tenn., was elected vice chairman.
Other officers include treasurer Fred Daniell, chief operating officer of Kureha America Inc. in New York, and secretary Bob Hamilton, group president of Illinois Tool Works Inc. in Elk Grove, Ill.
Officers-at-large are Jim Murphy, president of Davis-Standard LLC, extrusion systems, in Pawcatuck, Conn., and Tim O'Brien, a vice president at Sabic Innovative Plastics in Pittsfield, Mass.
SPI is based in Washington.
Woodbridge closing facility in Canada
MISSISSAUGA, ONTARIO Woodbridge Form Corp. will close one of its automotive parts plants, two years after the plant received a reprieve from previous closure plans.
The Corunna, Ontario, plant now employs 75. Slowing auto production is prompting Mississauga-based Woodbridge to shut it down, according to a Nov. 2 announcement.
Woodbridge had planned to close the plant in 2007 when it employed nearly 190 people but changed its plans when members of the Canadian Auto Workers union agreed to new concessions.
The company makes a variety of foam products, including expanded foam energy absorbers used in bumpers and seat foam.
Israel's Palziv launching US foam plant
LOUISBURG, N.C. Cross-linked polyethylene foam manufacturer Palziv North America is opening its first U.S. plant next year, in Louisburg.
The company plans to invest $7.8 million to open the facility. The plant and corporate headquarters, which will employ 72, are scheduled to begin operating in the summer, Ronnie Goswick, Franklin County economic development director, said in a Nov. 3 telephone interview.
The 165,000-square-foot plant on 42 acres is currently occupied by another company. Palziv is buying the property, but that deal has not closed yet, said Greg Brooker, Palziv North America president and CEO.
Palziv custom builds its own extruders and uses a proprietary extrusion process to make closed-cell, PEX blocks and rolls. Palziv serves several markets including packaging, insulation, toys and prosthetics.
The company already has a distribution center in Ohio and a plant in Coburg, Ontario, that operates as PXL Cross-Linked Foam Corp.
Palziv North America and PXL are wholly owned subsidiaries of foam maker Palziv Ltd., based in Kibbutz Ein Hanatziv, Israel. PXL has brand equity in Canada, Brooker said, and will retain that name north of the border while eventually phasing into Palziv.
Brooker said he expects to reveal more details after Palziv takes possession of the plant.
The company received a $250,000 grant from the One North Carolina Fund for the Louisburg plant, according to a news release from the state. The average annual wage for the 72 new jobs will be $34,167, not including benefits.
Wright wins new work, plans to expand
SHERIDAN, MICH. Injection molder Wright Plastic Products LLC is taking on new work and making plans to add equipment and jobs.
Wright will invest $275,000 in new machinery and equipment and will add 11 workers to the 29 employees now at its Sheridan plant during the next two years, said President Bob Luce in a Nov. 5 telephone interview.
At the same time, the state of Michigan has approved a $108,000 grant which will be added to another $14,100 investment from the village of Sheridan to extend updated sewer lines to Wright. About 80 percent of the company's sales are to the auto industry.
Copyright 2009 Crain Communications Inc. All Rights Reserved.