Tax relief helps injection molder grow
GRAND HAVEN, MICH. — Custom injection molder Grand Haven Custom Molding LLC has added 12 employees and a new press since winning approval for a tax abatement in August, and has room to grow even more.
The Grand Haven-based company took delivery of a 340-ton Haitian press Nov. 1 and will be adding robotics and a conveyor system as it prepares to put it into production, said Paul Christiansen, director of new business development.
The company opened in 2010 and now has 18 presses, making parts for a variety of industries. The building that houses GHCM had been the site of another molder, and already has infrastructure in place for 50 presses, Christiansen said.
Berry slates another plant for closing
EVANSVILLE, IND. — Berry Plastics Corp. plans to close a former Captive Plastics plant in Henrico, Va., near Richmond.
The Evansville-based packaging company filed a layoff notice Oct. 28 with the state of Virginia, disclosing plans to close the plant by Jan. 1. The plant employs 123, according to the notice.
Berry bought Captive Plastics Inc. in late 2007.
“In this uncertain economic environment, an in-depth review of our business determined this step is necessary,” Curt Begle, president of Berry's rigid closed-top business, said in a statement quoted by RichmondBizSense.com.
In October, Berry announced it will close its Madisonville, Ky., closures plant in the first quarter of 2012, affecting 124 employees. That plant was formerly part of Rexam plc.
Solo Cup considering sale, report says
LAKE FOREST, ILL. — Solo Cup Co., a 75-year-old, Lake Forest-based supplier of food-service products, is exploring a sale, according to a report from Reuters.
The Nov. 8 story quotes undisclosed “sources familiar with the situation,” who said private equity firm Vestar Capital Partners interviewed banks several months ago and now has hired Goldman Sachs to advise on the process.
The firm makes single-use injection molded, thermoformed and paper products, and has annual sales of about $1.6 billion.
Alpha's Spence mulls run for governor
ST. LOUIS — Dave Spence, president and CEO of St. Louis blow molder Alpha Packaging Inc., is considering a run for governor of Missouri, according to news reports.
Spence told the Associated Press on Nov. 8 that he might seek the Republican nomination for governor. That could put him in a primary race against Lt. Gov. Peter Kinder. The current governor, Democrat Jay Nixon, is expected to run for re-election in 2012.
Alpha Packaging ranked No. 18 in Plastics News' most recent survey of North American blow molders, with sales of $189 million.
If Spence wins, he could be following in the footsteps of another plastics industry political novice. In 2010, Ron Johnson, then president of sheet extruder Pacur LLC in Oshkosh, Wis., unseated Democrat Russ Feingold for a U.S. Senate seat in Wisconsin.
Idaho town votes down plastic bag ban
HAILEY, IDAHO — Voters rejected a bag ban Nov. 8 in Hailey.
Initiated by local high school students, the ballot referendum to ban single-use, checkout plastic bags, was rejected by 58 percent of voters.
The measure was opposed by Hartsville, S.C.,-based plastic bag manufacturer Hilex Poly Co. LLC, which operates a plastic bag-making plant in Jerome, Idaho, that employs 125 people.
Pure Tech's Steve Navedo to chair APR
WASHINGTON — Steve Navedo, vice president of sales and quality assurance at PET recycler Pure Tech Plastics in East Farmingdale N.Y., is the new chairman of the Association of Postconsumer Plastic Recyclers in Washington.
Navedo replaces Scott Saunders, general manager of KW Plastics Recycling in Troy, Ala., whose term ended in mid-October.
Bill O'Grady, vice president and general manager of recycler Talco Plastics Inc. in Corona, Calif., was elected APR vice president. O'Grady is a past APR chairman.
APR members represent more than 90 percent of all post-consumer plastics processing capacity in North America.