Miller Edge installs American Kuhne unit
WEST GROVE, PA. — Miller Edge Inc. recently installed a custom American Kuhne Inc. extruder that can be used for in-line or coextrusion positioning.
Miller Edge makes stopping devices for motor-driven doors and gates, as well as safeguarding products for machines or perimeters. Its website said that its products also are used in automated manufacturing plants.
“The machine arrived on time and the startup was very easy and fast. We had the machine in full production within two days of it arriving at the plant,” Kris Tejeswi, plastics engineer at Miller Edge, said in a news release.
The West Grove-based company did not return calls seeking further information.
The American Kuhne extruder can pivot 45 degrees about a fixed point, and comes with specially designed wheels and a pivot mechanism. The feature allows Miller Edge to position the extruder depending on the use and allows greater flexibility.
American Kuhne tested the extruder at its Ashaway, R.I., location prior to shipment to allow full drive calibration and programming, tuning of temperature controllers and confirmation of screw performance.
ITW sells majority stake in Wilsonart
NEW YORK — New York investment firm Clayton, Dubilier & Rice LLC has purchased a 51 percent stake in high-pressure laminates maker Wilsonart International Holdings LLC.
The seller is Glenview, Ill.-based Illinois Tool Works Inc. Through a combination of CD&R's equity investment of $395 million and borrowing by the new company, ITW will receive about $1.05 billion in cash, and will retain a 49 percent equity interest in Wilsonart.
Wilsonart's laminates are used in furniture, countertops and other applications. It posted 2011 sales of $1.1 billion.
When the deal closes, Paul Pressler, a CD&R operating partner, will become interim CEO of Wilsonart. The purchase is scheduled to be complete in the fourth quarter.
“We look forward to working with the management team to expand globally, invest in industry-leading innovation, service and distribution capabilities, and provide rewarding career opportunities for employees,” Pressler said in a news release.
This is the second significant plastics-related divestiture for ITW this summer. On Aug. 2 Plastics News reported that ITW sold its Minigrip resealable bag business to Livingston, N.J.-based Inteplast Group Ltd.
Polydeck investing $7M in S.C. facility
SPARTANBURG, S.C. — Plastic screen maker Polydeck Screen Corp. will add 32 new jobs as part of a $7 million investment at its plant in Spartanburg.
“We appreciate the positive economic environment, the availability of a talented workforce and the cooperation of country officials that have enabled us to consistently expand our operations,” Peter Freissle, president of the Spartanburg-based firm, said in an Aug. 21 news release.
The project will include the acquisition of a neighboring facility, as well as the purchase of several pieces of equipment, including a water jet, a computer numerically controlled router and several injection molding machines. The injection molding machines will be used to make a new line of screen media products, officials said.
The expansion is the fifth for Polydeck in its 34-year history in Spartanburg. The firm makes polyurethane and rubber screens for the coal and mining industries. Its production plant currently covers 93,000 square feet.
South Carolina has recruited more than $7 billion in capital investment and added more than 17,000 manufacturing jobs since January 2011, according to a release from the governor's office.
Blow molder Regency expanding in Mich.
UBLY, MICH. — Extrusion blow molder Regency Plastics Inc. will build a 30,000-square-foot addition to its headquarters plant in Ubly, in part to house a new blow molding machine the company plans to buy, according to a published report.
The Huron Daily Tribune reported that a company official, Curt Watchowski, spoke at the Huron County Planning Commission meeting Aug. 1. According to the newspaper, he said the new machine, which could be delivered by the end of December and begin operating in early 2013, will not fit in the current factory building. About 6,000 square feet of space of the expansion will go for manufacturing, with the rest used for storage and shipping parts from the new machine.
The planning commission approved the project, which will create about three jobs per shift, the newspaper said.
Contacted by Plastics News, Watchowski said he is an outside contractor handling the facility management work. He referred questions to CEO John Moll, who did not return a telephone call.
Regency Plastics is part of Gemini Group Inc. of Bad Axe, Mich. Regency employs 91 in Ubly, according to the story in the Daily Tribune.
HTI Plastics adding equipment, software
LINCOLN, NEB. — Injection molder HTI Plastics has purchased two machines and invested in new simulation software.
The company purchased two KraussMaffei EX series machines. The all-electric injection molding machines feature a closed-loop system to ensure cleanliness, a direct-force transmission, and boast faster cycle times and increased productivity, according to the Munich-based machine manufacturer.
One of the machines purchased by HTI, a 150-ton model, was on display at KraussMaffei AG's NPE2012 booth. The machine traveled from Germany to the show in Orlando, Fla., before its installation at HTI's headquarters in Lincoln.
HTI also has added new simulation software that tests customers' designs in real-world environments before manufacturing. The software reduces the number of prototypes needed before production and offers a faster time to market, HTI said in a July 26 news release.
HTI manufactures products for the medical-device, pharmaceutical, sporting goods and packaging markets. It is a division of Lincoln-based Plastic Cos. Enterprises.
Amcor acquires KMJ, builds customer base
MELBOURNE, AUSTRALIA — Melbourne-based global packaging supplier Amcor Ltd. has bought an industrial tape and packaging distributor to build its Australian small and medium-sized customer base.
Amcor manufactures PET containers for beverages, flexible packaging for the food and health-care markets, tobacco packaging and corrugated boxes. The company bought Melbourne-based KMJ Pty. Ltd. — trading as Wayne Richardson Sales — on June 28 for undisclosed terms.
Wayne Richardson Sales has been an independently owned Australian company since 1974. It distributes industrial packaging and packaging consumables, including adhesives, abrasives, tape-dispensing equipment, stretch film machinery and safety products to small and midsize customers.
Its plastic products include stretch and shrink polyethylene films, polyethylene shrink bags and bin liners, PVC doubled-sided tapes, and polyethylene tubing, pallet capping and bundle wrap.
Wayne Richardson Sales and its wholly owned subsidiary, Gaska Tape Australia, are the preferred industrial and commercial adhesive tape suppliers to most of Australia's automotive manufacturers and airlines.
The company's annual sales are about US$51 million. It serves more than 2,700 customers from its eight Australian distribution centers, in Melbourne, Shepparton, Albury, Adelaide, Sydney, Newcastle, Brisbane and Perth.
Ken MacKenzie, Amcor managing director and CEO, said the transaction improves the value of Amcor's existing packaging business and strengthens its market position.
“The purchase brings a new and more effective channel to [small and medium-sized] packaging customers,” he said.
The acquisition is expected to deliver returns of more than 20 percent by year three.