Republic acquiring plant in Eloy, Texas
MCQUEENEY, TEXAS Thermoformer Republic Plastics LP will acquire an 85,000-square-foot facility previously owned by another plastics company in Eloy, Ariz. Terms were not disclosed.
McQueeney-based Republic will expand the plant to 110,000 square feet, and eventually to 300,000 square feet, according to a Sept. 1 news release from the city of Eloy.
A March 31 fire destroyed most of Republic's plant in San Manuel, Ariz., which is about 70 miles east of Eloy. The future of that site is still unclear.
Republic did not return phone calls seeking comment.
The Eloy site was owned by Plastic Technology Inc., a unit of Hickory, N.C.-based Hickory Springs Manufacturing Co.
According to the release, Republic will start the Eloy site with a staff of 100, which could grow to 300.
The Eloy property will give Republic Plastics a lower freight cost and provide for further expansions, Gino Inman, chairman, president and CEO of Republic, said in the release. He also cited the area's accessible workforce and the opportunity to grow in the West as reasons for the acquisition.
The plant will make, package and distribute private-label foam products for the consumer-retail and institutional tableware markets. The company's other facilities are at its headquarters in McQueeney and in Knoxville, Tenn.
Consolidated closing Continental plant
ATLANTA A Consolidated Container Co. LLC blow molding plant in Lakeland, Fla., will close at the end of the year, with production of oil bottles shifting to a Consolidated plant in West Memphis, Ark.
A notice filed May 4 with the Florida Agency for Workforce Innovation had listed July 16 as the Florida plant's closing date, but Consolidated spokesman Matthew Patterson said Aug. 24 by phone that the plan had changed.
We had been planning to move some of the production to another location as part of a two-month shutdown, but that ended up being not feasible for the customer, he said.
The shutdown at the factory, which operates as Continental Plastic Containers, eventually will affect 44 employees, according to the notice. Patterson said only about 14 of those remain on the job.
We don't have a definitive shutdown date, but that probably will happen in the next two months, he said.
The plant formerly had capacity to make milk jugs as well as oil containers, but milk jug production ended earlier this year, Patterson said.
Atlanta-based Consolidated reported 2009 sales of $750 million in Plastics News' most recent industry ranking of North American blow molders. The company employs 2,700 at 64 plants.
Laddawn to transform library into HQ
STERLING, MASS. Laddawn Inc. has purchased a former library in Devens, Mass., and will redevelop the 10,000-square-foot building into its new corporate headquarters. Terms of the deal were not disclosed.
The Sterling-based maker of polyethylene bags, film and tubes will create 12 new jobs at the site, according to a recent news release from MassDevelopment.
MassDevelopment is a Boston-based state finance and development authority. It has been given the task of turning Fort Devens a military base that has been in the process of being closed since 1996 into a residential and business community.
The people at MassDevelopment and the Devens community made us feel very confident that we had a partner for growth, Laddawn co-President Ladd Lavallee said in the release. We've welcomed many new employees and families onto our team and we've set the stage for the addition of many more.
Officials were unavailable for further comment.
The private firm was started in 1976 as Northeast Poly Bag by Lavallee's parents, Paul and Jacqueline, and continues as a privately owned operation.
Laddawn operates 17 lines at its 75,000-square-foot main facility in Sterling.
The company manufactures plastic film and bags for industrial, food, medical and institutional markets. It operates warehouse and manufacturing facilities in Boston; Dallas; Atlanta; Reno, Nev.; and Manchester and Cedar Rapids, Iowa.