PMF News Archives
here for news archives
New Products Highlighted at Plastics
According to a survey conducted by the Society of
the Plastics Industry (SPI), a large percentage of Plastics
USA '98's 550 exhibitors will introduce new products or
services during the triennial exposition at Chicago's
McCormick Place Lakeside Center, Oct. 6-8.
Plastics USA '98 will cover more than 125,000 net square
feet of exhibit space, making it the largest plastics
industry exposition in North America this year. Co-sponsored
by the SPI and the Society of Plastics Engineers (SPE), it
is expected to attract more than 18,000 industry
Approximately 71 percent of the of the respondents to the
SPI survey identified their company's product line to be in
the areas of primary processing machinery, controls,
instrumentation, tooling/moldmaking, auxiliary and
downstream equipment and robotics. Nearly 23 percent
identified resins, plasticizers, stabilizers, additives,
composites and processing techniques as the prime focus of
their exhibits, with the remaining exhibitors focusing on a
range of services such as plant location/relocation, testing
systems, recycling and waste management, Internet services
and software programs.
In addition to the exhibits, the SPI will have a
complimentary two-day, eight-session conference for show
attendees on Oct. 6 and 7. Session topics are injection
molding, rotational molding, extrusion robotics, auxiliary
equipment, the Internet, strategic partnering and workforce
development. In addition, the SPE is offering four days of
more than 40 technical seminars Oct. 5-8, featuring experts
on a variety of topics ranging from practical processing to
SPE Hosts 1998 Thermoforming
The 1998 Thermoforming Conference, sponsored by
the Society of Plastics Engineers Thermoforming Division and
co-hosted by the Tennessee Valley SPE Section, will take
place from Sept. 19-22 at the Renaissance Hotel, Nashville
Convention Center, in Nashville, TN. Educational programs
will be featured on the agenda this year.
According to the SPE, this is the first year the
Thermoforming Division is sponsoring long-range educational
programs. The Division will award $10,000 in annual
scholarship monies, which is now perpetually supported by a
$150,000 investment fund. Student programs designed to
expose college students to the thermoforming industry will
receive another $20,000.
The SPE stated that its mission is to "facilitate the
advancement of thermoforming technologies through education,
application, promotion and research." It will carry this out
with a series of events, including programs, guest speakers,
chat sessions, workshops and awards dinners.
For more information on the conference, contact Deb
Cawley at SPE Headquarters, (203) 775-0471, fax (203)
CIT Group/Venture Capital Acquire
Omega Polymer Technologies
The CIT Group/Venture Capital Inc., a subsidiary
of the CIT Group Inc., announced that it has completed the
purchase of Omega Polymer Technologies Inc., a leading
diversified specialty plastics holding company based in
Aurora, OH. Additional investors include Founders Fund of
South Carolina LP, a management team from Omega Polymer and
other institutional as well as individual investors.
With 1997 revenues of $55 million, Omega serves a wide
variety of industries including building products,
transportation, electronics, medical products, commercial
refrigeration, telecommunications, highway and utilities.
Its three wholly-owned subsidiaries include Omega
Pultrusions Inc., headquartered in Aurora; Viking Plastics
Inc., based in Corry, PA; and Carsonite International Corp.,
located in Early Branch, SC.
Milacron Plastics Acquires
Cincinnati Milacron's Plastics Technologies Group has
purchased Autojectors Inc., a leading independent maker of
vertical injection molding machines. Located in Avilla, IN,
Autojectors employs 130 employees and posted sales of
approximately $20 million last year. Its machines are widely
used to produce automotive, medical and electrical
William Gruber, vice president of Milacron's U.S.
Plastics Technologies Group, said that Autojectors' company
name, image, brand, operations and separate channels of
distribution will remain the same. Autojectors' President
Bill Carteaux will continue to manage the business, which
develops/produces a line of vertical injection molding
machines from 10 to 400 tons, a high percentage of which are
customized for end users.
Autec Inc. is renamed SCM Group
Autec Inc. has changed its name to SCM Group USA
Inc. The Duluth, GA-based company is an affiliate of SCM
Group SpA, of Rimini, Italy, and is the administrative
branch representing SCMI and Tekna Advanced Technologies.
SCM Group USA said it changed its name to heighten worldwide
name recognition for SCM Group and for name identification
symmetry. The names "SCMI" and "Tekna Advanced Technologies"
will not be changed.
U.S. Polyethylene Resin Demand on
According to a study from The Freedonia Group
Inc., demand for polyethylene resins in the United States.
will advance 3.6 percent per year to 30 billion pounds in
the year 2002. Growth will be driven by increasing demand
for high-density polyethylene (HDPE) and linear low-density
polyethylene (LLDPE), while conventional low-density
polyethylene (LDPE) and ethylene vinyl acetate (EVA) will
trail overall gains.
Polyethylene demand is highly concentrated in the
packaging markets, used in a range of products including
extruded films, blow-molded milk and juice bottles and
injection-molded caps and closures. However, due to the
relative maturity of the packaging market, growth will be
more robust in other market segments, including insulation
for electrical and electronic wire and cable and consumer
markets such as toys and housewares.
For more information on the study, contact the Corinne
Gangloff at the Freedonia Group, (440) 684-9600.
Plaskolite to Purchase American
Plaskolite Inc., an acrylic manufacturer in
Columbus, OH, announced that it has agreed to purchase the
American Mirror Division of the American Louver Co. of
Chicago, IL. Upon completion, Plaskolite will have acquired
three acrylic mirror manufacturers in the last four
James Dunn, president and CEO stated that, "Plaskolite
entered the mirrorized sheet market with the purchase of
Mir-Acryl of Bellville, MI, in 1994. With this latest
acquisition of American Mirror, I think we are sending a
message to our distributors that we are serious about being
the leader of mirrorized sheet in the marketplace."
Yushin Precision Equipment Opens
New Factory in Japan
Yushin Precision Equipment Co. Ltd. recently
opened its third factory, which boasts 56,000 square feet of
floor space. This new facility is located on the same site
as Yushin's head office in Kyoto, Japan.
The new factory will be 23,000 square feet larger than
the last factory Yushin built in Japan, and managers
estimate that the larger facility, combined with innovative
operating procedures, will double Yushin's current
production capacity and improve delivery. A feature of the
five-story building will be an automated warehouse,
supplying parts and components to the three floors dedicated
to assembly. Traverse robots, sprue-pickers and other
products will be assembled and inspected on the three floors
designated for production.
Composites Association Now
Accepting 1998 ACE Entries
The Composites Fabricators Assn. (CFA) is accepting entries
for its 1998 ACE (Award for Composites Excellence)
competition. This competition recognizes technical
innovation, market viability and quality in manufacturing as
part of the criteria used to evaluate the finished
composites products submitted for display and judging.
The 1998 ACE competition will be held during COMPOSITES
98, Oct. 21-24, in San Antonio, TX. More than 3,500 people
are expected to attend the convention and trade show.
Prize money totaling $9,000 will be presented to
recipients in five different award categories: Best of Show,
Technical Innovation, Quality in Manufacturing, Market
Viability and the People's Choice Award. Convention
attendees will be asked to vote on their favorite product
entry for the People's Choice Award. A panel of industry
experts will judge the products and select winners for the
four remaining categories.
Completed applications must be received by Sept. 21. To
receive an application or for more information on the
competition, please contact the CFA at (703) 525-0511; fax
(703) 525-0743; e-mail: email@example.com;
address: 1655 North Fort Myer Drive, Suite 510, Arlington,
Medical Technology Workshop at
A new workshop program on plastics and rubber in modern
medical technology will be held during K'98, the 14th
International Trade Fair for Plastics & Rubber. K'98
will be held Oct. 22-29, at the fairgrounds in Dusseldorf,
Germany. The workshop,"K'98 Medical Technology Special,"
will be Oct. 26-29.
Topics to be covered during the workshop include:
"Innovative Production Technologies," "Polymers for Medical
Applications" and "Medical Technology Criteria for Polymer
An estimated 2,500 exhibitors from 49 countries are
registered for K'98, with 1.48 million square feet of net
exhibition space already reserved in all 15 halls of the
The Foster Group Acquires Papago
The Foster Group LLC has announced the
acquisition of Papago Plastics Inc., a 16-year-old
Rochester, NY-based company that manufactures prototype
plastic tooling and parts for the automotive, business
product, medical, computer and communications markets.
According to Foster Group President Gary Foster, "This move
ensures growth in the next millennium."
The acquisition follows the Foster Group's long-term
strategy of acquiring businesses that complement the
high-volume injection molding and tooling design/build
capabilities already in place. The Foster Group will now be
a complete, single source operation, from prototype to
Herman Miller Chair Wins Award at
The Aeron chair from Herman Miller Inc.,
incorporating AlliedSignal Plastics' Petra recycled PET
resin, won the 1998 SPE International Plastics Consumer
Products Design Award, one of eight international awards
presented annually by the Society of Plastics Engineers.
The award recognizes the Zeeland, MI, office furniture
manufacturer for its "high degree of technological
innovation through its combination and use of materials
(that) produced a chair with unique aesthetics and kinematic
Precision Gage Acquires
Sheffield Gaging Products
Precision Gage & Tool Co., Dayton, OH, has
acquired the Gaging Systems Operations from Giddings &
Lewis Inc.-Sheffield Measurement and will now manufacture,
market and repair the entire Sheffield gaging product
Already a major producer of gaging product equipment,
Precision Gage will supplement its line with such well-known
Sheffield gaging products as Precisionaire and Micronaire
instruments, electronic columns, paper and bearing gages,
air gage tooling, manual and automatic gaging fixtures and
SOFT 2000 computer systems.
Kafus, SCAC Form Joint Venture for
Kafus Environmental has executed an interim
agreement with SCAC Holding Corp. of Ireland which could
result in the formation of a new joint venture company, 75
percent owned by Kafus and 25 percent owned by SCAC.
Under the agreement, SCAC will transfer to the new
company, "Newco," its global interests and exclusive
development, marketing and production rights to SCAC's
proprietary SOLPLAX range of biodegradable plastics and
related products. Kafus will be responsible for preparing,
managing and financing a comprehensive development business
plan for "Newco" to optimize the eventual global development
of the SOLPLAX range of plastic.
Plastics Machining & Fabricating
|P: (847) 634-4347
F: (847) 634-4379
|P.O. BOX 1400