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GE Plastics makes LNP new global unit. (Your Business in Brief).

GE Plastics, Pittsfield, Mass., has completed its acquisition of LNP Engineering Plastics in Exton, Pa, from Kawasaki Steel Corp. of Japan. GE has combined LNP with GE Plastics' Custom Engineered Products unit to form a new global compounding business under the name LNP Engineering Plastics. It will operate as a separate business within GE Plastics headquartered in Exton.

The business unit will have about 1100 employees at 12 locations in eight countries. It will continue to offer LNP and GE CEP product lines. Bob Schulz, who previously led LNP as president and CEO, is chairman of the new LNP. Charles E. Crew has been named president and CEO. He was president and senior managing director of GE Plastics Europe.
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Title Annotation:LNP Engineering Plastics
Comment:GE Plastics makes LNP new global unit. (Your Business in Brief).(LNP Engineering Plastics)(Brief Article)
Publication:Plastics Technology
Article Type:Brief Article
Geographic Code:1USA
Date:May 1, 2002
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