Saint-Gobain beefs up US medical sites
VALLEY FORGE, PA. — Saint-Gobain Performance Plastics Corp. has added clean rooms to two plants in its Healthcare Markets Group.
The company said Aug. 22 that it has added a 4,000-square-foot, Class 8 clean room with silicone molding equipment to its plant in Portage, Wis., to serve medical customers seeking increasingly smaller and more complex silicone components.
Saint-Gobain also said it expanded its Beaverton, Mich., facility by 30,000 square feet, adding a new product-development center, an expanded space for tool building and a Class 7 clean room. The Beaverton plant makes silicone molded and extruded products with a primary focus on single-use assemblies used in pharmaceutical manufacturing.
Saint-Gobain Performance Plastics has its headquarters for the U.S. and Canada in Valley Forge. The firm employs 4,400 in 15 countries and makes films, foams, coated fabrics, bearings, seals and fluid systems. It is a unit of Paris-based Cie. de Saint-Gobain.
Owner merges Master Packaging, Star
ATLANTA — Packaging converters Master Packaging Inc. and Star Packaging Corp. have merged.
The combined entity will be known as Star Packaging Corp. and will be headquartered in Atlanta, with operating facilities in Atlanta and Tampa, Fla., according to a recent news release from Chicago-based financial advisers Blaige & Co.
The newly combined company is owned by Azalea Capital, a private investment firm in Greenville, SC.
Azalea, which has owned Atlanta-based Master since 2006, acquired Tampa-based Star in June. Terms were not disclosed.
Master CEO Fred Crowe, a former Exopack executive, will head the new company.
Star offers value-added products including printed roll stock and laminations along with stand-up pouch variations, roll stock with transverse-direction zippers and custom-designed high-performance laminations for replacing rigid alternatives.
Star Packaging's product mix serves markets including pet food, fresh produce, food and beverage, snack, confectionery, bakery, pool chemicals, military packaging, personal care, pharmaceutical, nutraceutical and lawn and garden.
Canadian Plastics absorbs e-newsletter
VANCOUVER, BRITISH COLUMBIA — “Plastics in Canada,” an online newsletter, will be folded into Canadian Plastics magazine in September.
Canadian Plastics is part of Vancouver-based Glacier Media Group. In May, Glacier Media's Business Information Group bought “Plastics in Canada” and 14 trade publications from Rogers Publishing Ltd. of Toronto. Some of the other titles included in the deal were Food in Canada, Canadian Packaging, Design Engineering, and Meetings and Incentives Travel.
“Plastics in Canada” has been an Internet-only publication since it put out its final print issue in June 2010.
Canadian Plastics has a print publication, a website and a weekly e-newsletter. Its senior publisher, Judith Nancekivell, said the magazine was founded in 1943.
EnCore pays $32.5 million for BAE plant
SEAL BEACH, CALIF. — EnCore Aerospace LLC has wrapped up its second composites deal of the year, this time buying the composite structures business of BAE Systems plc for $32.5 million.
The business consists of a 120,000-square-foot plant that employs 170 in Brea, Calif. The plant makes highly engineered composite components and assemblies for commercial and military aircraft.
London-based BAE, a major defense contractor, acquired the business in 2005 as part of its purchase of U.S. defense contractor United Defense Industries.
Seal Beach-based EnCore Aerospace made the deal through its EnCore Composites Holdings Inc. unit. The deal first was announced in May, one month after EnCore bought Composites Unlimited Inc., a maker of aerospace galley systems, closets and wind screens based in Irvine, Calif.
Aerospace industry veterans Jim Downey and Tom McFarland formed EnCore after selling their previous firm, C&D Aerospace, in 2005. C&D had annual sales of more than $400 million.
EnCore was advised in the BAE deal by financial firm Deloitte Corporate Finance LLC.