Playmobil toy maker buys 30 presses
SCHWAIG, GERMANY Toy maker Geobra BrandstÃ¤tter GmbH & Co. KG bought 30 Systec injection molding machines from Sumitomo (SHI) Demag Plastics Machinery GmbH, Sumitomo Demag announced Jan. 13.
Geobra BrandstÃ¤tter ordered the machines at K 2010 for its main factory in Dietenhofen, Germany, which makes 60 percent of the company's Playmobil-brand toys. The plant molds 7 million parts a day on more than 400 injection presses, according to the Playmobil website.
Sumitomo Demag is based in Schwaig.
Geobra BrandstÃ¤tter has a reputation for making major investments, purchasing new injection molding machines and molds for its toy-making plants in Czech Republic, Malta, Spain and Dietenhofen.
Company officials have finalized deals before for large numbers of presses at plastics trade shows. One of the biggest block of orders came at the 2005 Fakuma show in Germany 84 injection presses from three separate machinery suppliers.
Geobra BrandstÃ¤tter is based in Zirndorf, Germany.
IAC acquires India auto-parts molder
DEARBORN, MICH. International Automotive Components Group is adding to its global footprint with the acquisition of Multivac India Private Ltd., a New Delhi-based maker of instrument panels, door panels and other interior trim.
Multivac will bring manufacturing capability in northern India to IAC's existing foothold in the western automotive hub of Pune, said Jim Kamsickas, president and CEO of Dearborn-based IAC North America and Asia, in a Jan. 12 news release.
IAC previously had a regional engineering center in Pune and manufacturing in Chakan and is building a second factory in Chakan in automaker Mahindra & Mahindra Ltd.'s supplier park.
Terms of the acquisition were not released.
Multivac supplies interior trim to customers including Volkwagen, Maruti Suzuki, Volvo and Mahindra & Mahindra and has 135 employees.
IAC has continually sought acquisitions since it was created by financier Wilbur Ross in 2006 out of parts of other suppliers, including Lear Corp. IAC will continue to look for opportunities, Ross said in published statements Jan. 11.
Thermoforming center wins state grant
WILLIAMSPORT, PA. Pennsylvania College of Technology's Plastics Manufacturing Center recently won a $100,000 innovation grant from the state Department of Community and Economic Development.
The center will use the funds to hire a thermoforming program manager for its Thermoforming Center of Excellence.
The 1,800-square-foot thermoforming center opened in Williamsport in April. The facility is dedicated to educating, training, and research and development for thermoformers, sheet extruders, resin suppliers, mold builders and equipment manufacturers.
ADS buys another precast concrete firm
HILLIARD, OHIO Polyethylene pipe extruder Advanced Drainage Systems Inc. is continuing to expand its product line by acquiring the assets of another manufacturer of concrete drainage structures.
ADS announced Jan. 13 that it has purchased Frederick Precast Concrete Inc., a Greencastle, Pa.-based company that designs and manufactures box culverts, riser structures and precast drop manholes for storm drain and sanitary sewer lines, plus precast end walls.
ADS bills itself as the world's largest maker of corrugated high density PE pipe. The Hilliard-based company ranked No. 3 in Plastics News' most recent survey of North American pipe, profile and tubing extruders, with estimated sales of $700 million.
The company has been aggressively buying firms in the past year including concrete-related product manufacturers to round out is line of sanitary, storm and water structures. ADS bought Foltz Concrete Pipe Co. of Winston-Salem, N.C., in April and Piedmont Concrete of Pineville, N.C., in May.
We have been very aggressive in our program to add products and services to further expand our supply line to our customers, ADS Chairman and CEO Joseph Chlapaty said in a news release.