Constar moves executives to Michigan
TROY, MICH. — Constar International LLC has relocated its corporate business offices.
Philadelphia-based Constar has moved its executive offices to Troy, according to a Sept. 15 news release. The new office will house the CEO, chief financial officer and other top officials.
The company has established a new business center in Trevose, Pa., three miles from its former site in Philadelphia. Constar is the marquee tenant in the building, which houses the firm's accounting, legal, human resources, purchasing, and sales and marketing operations.
Constar's research and development, and packaging design and engineering departments will continue to be based in Alsip, Ill., according to the release.
The PET bottle, preform and closures maker emerged from Chapter 11 bankruptcy in June under the ownership of its pre-bankruptcy secured note holders, Black Diamond Capital Management LLC and Solus Alternative Asset Management LP.
InterTech building aviation parts plant
NORTH CHARLESTON, S.C. — An InterTech Group Inc. unit plans to build a manufacturing facility in North Charleston to meet demand from aviation customers mostly in the Southeast.
The bulk of the work is likely to involve the aerostructures division of InterTech subsidiary TIGhitco Inc. Phase one calls for about 350 employees and a 120,000-square-foot building costing between $30 million and $40 million.
“We have yet to determine specifically which parts to produce and what equipment to acquire,” said Julian Tiedemann, InterTech executive vice president and chief operating officer. He said the firm expects to make those decisions by the year's end.
The aerostructures division makes polymer-matrix-composite structures using epoxy, polyester, phenolic and polyamide resins; fiberglass, graphite, Kevlar, Nomex and boron reinforcements; and honeycomb structures. The division also does in-house tool design, core detail fabrication and laboratory testing.
TIGhitco's aerospace customers include Boeing, Bombardier, Textron's Cessna Aircraft, Lockheed Martin, Northrop Grumman, General Dynamics' Gulfstream Aerospace, and Spirit AeroSystems. End uses include floor-panel assemblies, shelf, interior and wing panels, flight-control structures, nacelle structures, fan-reverser components and nose-gear doors.
TIGhitco has operations in Atlanta; Berlin and East Granby, Conn.; and San Luis Potosí and Chihuahua, Mexico.
The Zucker family owns North Charleston-based InterTech.
JSP buys EPP foam molder Maverick
TOKYO — JSP International LLC has acquired Jackson, Mich.-based steam-chest foam molder Maverick Industries LLC in a move designed to help the plant grow.
JSP, based in Tokyo and with North American offices in Wayne, Pa., did not disclose the purchase price. The company already produces expanded polypropylene for packaging and the automotive industry. Maverick specializes in industrial packaging and dunnage, the firms said in a Sept. 14 news release.
Maverick's experience will help JSP expand its market for packaging used to ship auto parts, said Rich Alloway, president and CEO of the Americas for JSP. Maverick President Scott Matherly now serves as general manager of JSP Jackson.
Montrose to do Madan manufacturing
CRANFORD, N.J. — Madan Plastics Inc. is entering a strategic alliance in which Montrose Molders Corp. of South Plainfield, N.J., will make Madan's products. Madan will auction off its machinery.
Madan said in a statement that it “will provide Montrose Molders with injection molding sales and engineering expertise, while Montrose will provide Madan Plastics with injection molding manufacturing and assembly services.”
Montrose runs a 110,000-square-foot plant that's a 15-minute drive from Cranford. Madan said key manufacturing personnel will join the Montrose team to assure continuity of service.
Madan said that although it closed its molding facility, it will continue to engineer and market its proprietary products from its Cranford location. Madan makes three trademarked products: DoughMate pizza-dough-handling products, BerryMate harvesting containers and Poly-Cons hinged-lid plastic containers.
Branford Group of Branford, Conn., is handling the Oct. 12 auction of surplus equipment at Madan. It includes 16 presses ranging from 88-880 tons, as well as robots, dryers and chillers.