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2009 Stimulus Program

MOST-READ STORIES

Auctions set for Visteon and CertainTeed plants November 03, 2009
Graham Packaging plans $350 million IPO November 02, 2009
Start-up compounder opening in Ohio November 03, 2009
Denton's new PET recycling plant in Oregon may be first of many November 04, 2009
Mexico Coke bottler saving money with lightweight preforms November 05, 2009

MOST E-MAILED STORIES

Denton's new PET recycling plant in Oregon may be first of many November 04, 2009
Start-up compounder opening in Ohio November 03, 2009
Graham Packaging plans $350 million IPO November 02, 2009
Filtrona Extrusion renamed Pexco November 02, 2009
PolyOne reports third quarter profit November 04, 2009

MORE THERMOFORMING NEWS

Thermoformer Inline Plastics adding Ga. plant 2009-07-29
Pack markets demand sustainable innovation 2009-07-23
N.J. thermoformer Productive Plastics invests in upgrades 2009-07-22
Thermoformer PWP plans recycling plant 2009-07-22
New thermoforming units fast, easy to use 2009-07-15
Distressed M&As litter landscape 2009-07-13
Nova, Envirokare sell LRM joint venture 2009-07-10
Jamestown adds thermoforming lines in N.Y. and Texas 2009-07-01
General Plastics adding machinery for fiberglass applications 2009-06-26
Thermoforming division hosts first NPE booth 2009-06-22
Wis. thermoformer Hampel expanding 2009-06-11
Three employees to buy Ohio's Stopol 2009-06-11
Specialty thermoformer Tek Pak opens R&D center in Illinois 2009-06-09
Genmar files for Chapter 11 2009-06-05
Wisconsin's Alpha adds capacity amid housing, industrial gains 2009-06-05

Thermoforming

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Auctions set for Visteon and CertainTeed plants

DETROIT (Nov. 3, 4:40 p.m. ET) -- Auctions are set Nov. 10 and Nov. 11 for two closed Visteon Corp. plants in Ohio and Missouri while surplus equipment from CertainTeed Corp.’s vinyl siding operation in Social Circle, Ga., will be auctioned on Dec. 3. November 3, 2009

Myers finalizes sale of two rubber businesses to Chinese buyer

AKRON, OHIO (Nov. 2, 4:25 p.m. ET) -- Myers Industries Inc. has completed the sale of its Buckhorn Rubber Products Inc. and Michigan Rubber Products Inc. businesses to a U.S. subsidiary of a Chinese company. November 2, 2009

Berry Plastics to buy Pliant Corp.

EVANSVILLE, IND. (Oct. 13, 8:30 p.m. ET) -- Berry Plastics Corp. announced today that it plans to buy Pliant Corp. after Pliant emerges from bankruptcy. Under a reorganization plan approved by the U.S. Bankruptcy Court on Oct. 6, Berry will receive 25 percent of the equity of Pliant. According to an Oct. 13 news release, Berry now also intends to acquire the remining 75 percent of the common stock. October 13, 2009

Ontario thermoformer Par-Pak to use post-consumer PET

BRAMPTON, ONTARIO (Sept. 30, 3:30 p.m. ET) — Thermoforming packaging firm Par-Pak Ltd. will add post-consumer recycled-content PET in its product lines starting in early 2010. The Brampton-based company announced in a news release that it is investing in a process to decontaminate and purify recycled PET to meet federal food grade standards in both the United States and Canada. September 30, 2009

Wisconsin thermoformers CPT, Green-Tek moving to new plant

EDGERTON, WIS. (Sept. 30, 3:05 p.m. ET) -- Coextruded Plastic Technologies Inc. and sister firm Green-Tek Inc. are moving their collocated operations to a larger, updated, more-efficient plant in Janesville, Wis. The move is being driven by growth at CPT, which uses a process that allows food companies to print their logos and information onto trays, eliminating the need for press-on labels or cardboard sleeves. September 30, 2009

Encore Plastics catches the wind

SANDUSKY, OHIO (Sept. 28, 12:35 p.m. ET) -- A windmill that soars 100 feet above its corporate headquarters near Lake Erie has helped move Encore Plastics Corp. in a new direction. The Sandusky supplier of paint sundries is using wind energy as a means of saving energy and as a side business.

September 28, 2009

Founder forms heart of firm

SANDUSKY, OHIO (Sept. 28, 12:15 p.m. ET) -- Behind his desk at Encore Plastics Corp.’s Sandusky headquarters, President Craig Rathbun keeps a battered leather briefcase. It belonged to his father, John Rathbun, the firm’s chairman, who died March 1 of a heart attack at age 71. “I’m afraid to open it,” Craig Rathbun said. “But it makes me feel better having it there.” September 28, 2009

Private equity firm buys stake in Pa. thermoformer Tray-Pak

READING, PA. (Sept. 25, 1:50 p.m. ET) -- Tray-Pak Corp., a custom packaging thermoformer, has a new majority owner. The buyer is TPC Partners LLC, an affiliate of Archbrook Capital Management LLC. Tray-Pak also announced that Scott Myers has joined the company as CEO. He was previously executive vice president at WinCup Inc. September 25, 2009

Machinery maker Illig opens $10.3 million euro tech center

HEILBRONN, GERMANY (Sept. 25, 1:40 p.m. ET) — Thermoforming machinery producer Illig Maschinenbau GmbH & Co. KG officially opened its new 7 million euro ($10.3 million) customer center at its headquarters in Heilbronn during the week of Sept. 21. September 25, 2009

Ohio thermoformer Wurm's Woodworking buys Creative Plastics

NEW WASHINGTON, OHIO (Sept. 25, 1:30 p.m. ET) — In a deal involving two family-owned thermoformers in small Ohio towns, Wurm’s Woodworking Co. has acquired a majority stake in Creative Plastics Inc. Both companies are under second- and third-generation ownership. Wurm’s Woodworking employs 30 and runs six thermoforming lines at its plant in New Washington. Creative Plastics has 15 employees and runs three thermoformers in Jackson Center. September 25, 2009

Octal plans to make PET sheet in US and Western Europe

SALALAH, OMAN (Sept. 1, 2:20 p.m. ET) -- PET resin maker and sheet extruder Octal Holding & Co. plans to have sheet production sites operating in both the U.S. and Western Europe in the next 24 months. Octal operates almost 400 million pounds of annual amorphous PET sheet capacity and almost 700 million pounds of annual resin capacity at a site in Salalah. Octal expects sales to skyrocket from $50 million in 2008 to $400 million this year, as a result of having its plant at full production. September 1, 2009

Fiberdome expanding, seeking workers for Wis. plant

LAKE MILLS, WIS. (Aug. 18, 4:25 p.m. ET) — Fiberglass molder Fiberdome Inc. is expanding and looking for up to 60 experienced workers. The Lake Mills-based company has been trying to recruit workers from other regions such as Indiana, which has seen its manufacturing levels decrease because of a slowing recreational vehicle industry. August 18, 2009

Bioplastic dinnerware maker preparing to announce plant locations

HOUSTON (Aug. 18, 11:10 a.m. ET) --The head of a company looking to locate nine plants in the U.S. to make and distribute corn-based, vacuum formed dinnerware said the firm will announce its locations within 30 days. John Pitre, CEO of Variety Global Business Group of Houston, said the plants will handle both processing and distribution. Pitre also disputed claims from a former employee at a former company who has raised questions about Pitre’s background. August 18, 2009

Auto supplier IAC takes control

IOWA CITY, IOWA (Aug. 17, 11:05 a.m. ET) — International Automotive Components has brought together a range of processes that demonstrate how the auto supplier is embracing vertical integration of manufacturing — giving the company more control over key elements of the interior parts it produces. It’s a reversal of the industry trend of the past in which companies streamlined production to core assets. August 17, 2009

Thermoformer T.O. Plastics adds to horticultural line

CLEARWATER, MINN. (Aug. 6, 3:35 p.m. ET) -- Thermoformer T.O. Plastics has acquired horticultural container tooling and other assets from Rapid Molded Products LLC for an undisclosed price. August 6, 2009

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