Japanese JV to blow mold auto parts
OSAKA, JAPAN Two Japanese companies are forming a $4.7 million joint venture in Indiana to blow mold auto parts.
KN Platech America Corp. will employ 99 in Shelbyville, Ind., and begin limited production as soon as October in a renovated site. Full production is set for 2011, said Dan Theobald, executive director of the Shelby County Development Corp. in a July 8 telephone interview.
KN is owned by Kyoraku Co. Ltd. of Osaka and Nagase & Co. Ltd. of Tokyo. It represents the first North American venture for blow molder Kyoraku. Nagase has some business in the U.S. with its additives operations. Its divisions also take in mold making, film and sheet production and raw materials.
The company will take over a building previously used as a metal-stamping operation and supply parts to Honda Motor Co. Ltd. and other automakers. Honda is building a new assembly plant in nearby Greensburg, Ind.
ACH exits fascia biz, looks to sell plant
DEARBORN, MICH. Automotive Components Holdings LLC is shutting down fascia production at its Milan, Mich., plant, but will continue blow molding fuel tanks at the site.
The plant is the only bumper fascia facility for ACH, which is a wholly owned subsidiary of Ford Motor Co. of Dearborn. It expects to end production by the end of the year, winding down operations as Ford ceases production of those vehicles being supplied by Milan, said spokeswoman Della DiPietro.
The change will cut about 200 jobs, but could also help sell the facility eventually. The Milan site was one of 17 manufacturing sites Ford bought from Visteon Corp. its one-time parts division in 2005. Ford intended to sell or close the plants, but ended up keeping a handful of them when the industry slowed last year with plans to pursue sales as the economy improved.
The combination of injection and blow molding has made Milan difficult to market, however, since buyers interested in the fuel-tank business, for instance, did not necessarily want the fascia operations, DiPietro said.
Hudson Color acquires Blen-Color Inc.
LEOMINSTER, MASS. Hudson Color Concentrates has acquired fellow additives supplier Blen-Color Inc. in a deal that it says will increase manufacturing capacity and product offerings.
The companies did not disclose a purchase price in their July 9 news release announcing the acquisition.
Both companies are based in Leominster, Mass., both offer a line of custom color concentrates and they are suppliers to the wire and cable industry. The acquisition does not involve any physical properties, said Vice President David Boudreau, but instead focuses on assets including the customer base, proprietary formulas and ongoing research.
Blen-Color also has the ability to recycle obsolete stock colors and offers additives made from renewable materials, the release said.
The acquisition will unite research and development initiatives from both companies, streamline customer service and combine strategy warehousing and distribution lines, Hudson Color said.
Hudson's holdings also include subsidiaries MidWest Color and compounder Quality Resin Solutions. The firm said it is on track to double its business in 2010.
Berlin Packaging in new Chicago HQ
CHICAGO Packaging supplier Berlin Packaging LLC has relocated its Chicago headquarters.
The new Chicago location, only about a mile from its old site, is Energy Star- and Green Globe-certified, the company said.
We outgrew our old space, Chairman and CEO Andrew Berlin said in a June 28 news release. In addition to securing more room, this relocation also enables us to bring our Studio One Eleven and Berlin Global Packaging divisions under the same roof as our headquarters. This allows for more efficient communications and integration between our packaging consultants and specialists in each division.
The 112-year-old firm is one of North America's largest stocking suppliers of plastic, glass, and metal containers and closures, with annual sales of about $600 million. It employs 100 at 40 sales and warehouse locations across the U.S.
Berlin Packaging's new address is: 525 W. Monroe St., 14th floor, Chicago, Ill. 60661.
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