Lacks invests $31.9M in new Mich. plant
GRAND RAPIDS, MICH. — Injection molder Lacks Enterprises Inc. will invest $31.9 million in an expansion near Grand Rapids, with a new plant and additional warehouse space.
Lacks, which specializes in painted and coated plastics, will also create 120 jobs as part of the project, the company and local economic development officials announced in a March 28 news release.
The site in Cascade Township will make parts for the automotive and home-appliance industries.
Grand Rapids-based Lacks will receive $350,000 in incentives from the Michigan Economic Development Corp. to help finance the expansion. The Cascade Township location was competing with other possible production sites in Kentucky, South Carolina and Virginia.
MacLean-Fogg deal merges Wis. molders
MUNDELEIN, ILL. — MacLean-Fogg Component Solutions has boosted its injection molding in North America with the addition of Engineered Plastics Corp. in Menomonee Falls, Wis.
Engineered Plastics Corp. will be merged with MacLean-Fogg's Polymer Technologies business group in Whitewater, Wis., to create the new Engineered Plastics Co. unit of MacLean-Fogg, the companies announced in a March 22 news release.
MacLean-Fogg, based in Mundelein, also does injection molding in Krefeld, Germany, but that business is dedicated to production in Europe for auto suspension. The company is a long-time supplier to the transportation industry and produces linkages, suspension parts and joints in both metal and plastics.
Full details of the deal were not disclosed. Both the Menomonee Falls and Whitewater plants will remain open, with executives from Engineered Plastics Corp. overseeing the new EPC division.
Officials with MacLean-Fogg said the Menomonee Falls operation brings it a wider customer base in a range of industries including water treatment and furniture, while Whitewater mostly served the auto industry.
Japan's Polyplastics to open Mich. site
DETROIT — Japanese engineering plastics compounder Polyplastics Co. Ltd. said March 28 it is setting up an office in Michigan to expand its sales to Japanese transplants in the U.S. and target American companies expanding overseas.
The Detroit office, which is scheduled to open July 1, will give the company “more closely focused and finely tuned sales-development activities targeted mainly at Japanese automotive companies in the United States and U.S. corporations operating in Asia,” the company said in a statement.
“Japanese-affiliated customer companies are building global production networks as they strengthen their presence not only in Asia but also in Europe and North America,” Polyplastics said. “In Asia as well, the Big Three U.S. automakers and other U.S. corporations are gaining momentum and occupy a central position in sales expansion in Asia.”
The Tokyo-based firm said it is investing $500,000 in the office.
JM Eagle breaking ground on China plant
LOS ANGELES — JM Eagle plans to break ground on a new pipe manufacturing plant April 6 in China, one of two plants the company is building in the country.
Los Angeles-based JM Eagle said in a March 29 announcement that it plans a ground-breaking ceremony for the facility, in the city of Langfang, to be attended by Walter Wang, president and CEO of JM Eagle; Zhang Qingwei, governor of Hebei Province; and Zhao Shihong, secretary of the Langfang municipal party.
The announcement contained few new details on JM Eagle's previously announced plans for two plastic pipe manufacturing plants in China, although it noted that it is building the Langfang plant in response to increasing investment in water infrastructure in the country.
The U.S. company is the world's largest maker of plastic pipe, but is only now beginning to invest in the rapidly growing Chinese market.
The company said Feb. 22 that the two Chinese plants will make PVC and HDPE pipe.
JM Eagle has 22 plants in North America, with sales of US$1.8 billion.