Logoplaste plans Missouri bottle plant
CASCAIS, PORTUGAL — Logoplaste SA is opening a plant in Kansas City, Mo. The rigid packaging manufacturer is investing $31.5 million to start operations at a 200,000-square-foot facility, according to the Kansas City Area Development Council.
The plant will make plastic bottles to fulfill a contract with Procter & Gamble Co., said John Fougere, communications director with the Missouri Department of Economic Development.
Logoplaste will create 80 full-time, permanent jobs over five years, Fougere said. The company will receive almost $1.07 million in tax credits and $92,500 in recruitment assistance from the state, he said.
The Cascais-based company has a North American headquarters in Plainfield, Ill. Logoplaste operates more than 350 machines and has 60 facilities in 18 countries.
The company makes rigid plastic packaging using injection molding, stretch blow molding and extrusion for markets including food and beverage, personal care, household care and oil and lubricants.
Creative Liquid adding equipment, jobs
KENDALLVILLE, IND. — A Kendallville injection molder is investing $1.4 million in new equipment and adding 12 jobs.
Creative Liquid Coatings Inc. received tax abatements from the city for both of its locations there, said Mayor Suzanne Handshoe.
The company is set to spend $1 million on a new press and molding equipment for one facility, while an additional $400,000 is slated for upgrading computer equipment and other operations at a nearby building, Handshoe said.
Creative Liquid currently has 220 employees. It molds and paints plastics, composites and metal for the auto industry.
Fire destroys Allied Reprocessing site
RIPLEY, TENN. — A fire has destroyed the Allied Reprocessing LLC plastics recycling plant in Ripley, some 50 miles north of Memphis.
No employees were in the plant when the fire began around 5 a.m. Nov. 27 and there were no reported injuries, said a representative of the mayor's office.
The 5-year-old, Ripley-based company employed about 20 people, regrinding industrial plastics that it sold to automotive suppliers that make trim parts containing recycled content, the representative said.
Braiform separates from Spotless Group
SYDNEY — Braiform, the polypropylene coat hanger unit of Spotless Group Ltd., is being spun off and now reports directly to Sydney-based Pacific Equity Partners Pty. Ltd.
PEP took ownership of Melbourne, Australia-based industrial services company Spotless on Aug. 17 after lengthy negotiations, buying it for A$722 million (US$754.8 million). Shares sold for A$2.71 (US$2.83) each, which was A$0.09 cents below the original asking price. Justin Clark, a PEP spokesman, confirmed Braiform is trading separately from Spotless, but is still owned by PEP. He would not comment further.
Interim results for Spotless showed that from July 1, 2011, to Dec. 30, 2011, Braiform's earnings before interest, tax, depreciation and amortization declined 42.7 percent to US$5.13 million.
Bruce Dixon became Spotless CEO when PEP took ownership of the business. He was managing director of Melbourne-based Healthscope Notes Ltd. from 1997 to 2010. Before Healthscope, he was a Spotless senior executive.
Mich. molder Wright Plastics expanding
SHERIDAN, MICH. — Automotive injection molder Wright Plastics is adding floor space to its St. Clair, Mich., facility to provide a better-functioning work floor and room for future growth.
Wright Plastics — part of WPP LLC of Sheridan — broke ground Oct. 22 on the $1.2 million project, said operations director Tom Arquette in a phone interview. The company previously squeezed new presses into the 15,000-square-foot operation by sacrificing warehouse space. The additional 8,000 square feet will improve production flow while allowing for six to eight additional presses the company can bring in as it lands business.
The 35-employee company also expects to add 10 -15 workers.
Wright Plastics makes fuel components and bobbins, and does overmolding for bolts and other key parts.
