Minco adds massive 1,100-ton press
DAYTON, OHIO Minco Group is installing its largest injection molding press ever, at one of its All Service Plastic Molding Inc. plants in Ohio, to meet increased demand for its parts.
The 1,100-ton Ube press, set to go into operation by the end of May, will be both the largest press in Minco's 54-press fleet and the largest all-electric for the company, said Gary Deaton, manager of marketing and manufacturing for Dayton-based Minco.
The company has been happy with smaller all-electric machines, and decided to stick with electric when it needed a larger press to produce lighting parts for the auto industry, Deaton said in a March 24 telephone interview. Minco's fleet previously went up to 950 tons.
Minco's ASPM operation has molding in Dayton and in nearby Fairborn, Ohio. It has not yet determined which facility will receive the new press.
Simonton moving HQ to Columbus, Ohio
PARKERSBURG, W.VA. Vinyl window and patio door manufacturer Simonton Building Products Inc. is moving its corporate headquarters to Columbus, Ohio, but keeping its customer service, marketing and information technology departments at its current headquarters in Parkersburg.
President Mark Savan said the transition should be completed by June and that the move supports the company's vision of becoming a more consumer-oriented company.
The new offices will include a product showroom and be above retail stores in the city's Easton Town Center, located near the airport. The center has 3,000 square feet of dining, residential, shopping, retail, entertainment and lodging space.
Simonton said about 80 people will work at its new headquarters.
Simonton is part of the Home & Security business group that Fortune Brands Inc. plans to spin off later this year.
3D Systems buys Texas rapid prototyper
ROCK HILL, S.C. 3D Systems Corp. has acquired Accelerated Technologies Inc., an Austin, Texas-based company that does rapid prototyping and short-run production.
Rock Hill-based 3D Systems is a rapid prototyping and parts manufacturing company. The company announced the deal March 14. Terms were not disclosed.
3D Systems has been active on the acquisition front, most recently buying rapid prototyping specialist Quickparts Inc. of Atlanta in February.
Solutia buying film assets of Taiwan firm
ST. LOUIS Solutia Inc. will expand its business making film for touch screens, solar applications and e-readers, through an acquisition in Taiwan.
The St. Louis-based company announced March 24 that it has entered into an agreement to buy selected assets of Aimcore Technology Co. Ltd., a conductive film manufacturing firm based in Hsinchu, Taiwan, for about $7 million.
The acquisition will be an addition to Solutia's Performance Films segment, which makes Flexvue-brand film. The deal will include manufacturing capacity slated to be on line in the second half of 2011.
Less than a year ago, Solutia's Performance Films segment bought Singapore-based Novomatrix Pte Ltd., a manufacturer of window film.
Primex plans $3.8M upgrades at its HQ
RICHMOND, IND. Sheet extruder Primex Plastics Corp. will spend $3.8 million on an expansion of its Richmond headquarters and plant.
According to a March 7 news release, the Economic Development Corp. of Wayne County is providing $60,000 in Economic Development Income Tax Grant funds for the project, which is expected to create 10 new jobs. The grant is pending approval from county commissioners.
According to the release, the project will add 990 square feet of office space for the expanded accounting department.
Primex also will buy new lab equipment and an extruder.