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Acquisitions, expansions.

The Starlinger-Maplan Group reached an agreement, retroactive to January 1, to acquire Krupp Group's Werner & Pfleiderer rubber injection molding machinery division. Maplan will leave intact Werner & Pfleiderer's rubber injection molding group, including the training and testing facilities, at its present facilities in Stuttgart, Germany. In mid-1993, production of W&P equipment will be moved to MAKS in Schwerin, Germany, where Maplan has a production facility for making rubber machinery. Maplan's rubber injection molding machines and extruders are represented in North America by Bohler Bros. of America.

General Tire has appropriated $12 million for a capital investment project that will be used to build a 100,000 sq. ft. technical center in Charlotte, NC, to house manufacturing support and technical personnel currently located at its Akron, OH, headquarters. Scheduled for completion in 1994, the facility will also include space for a technical laboratory and will be occupied by about 250 transferred employees from Akron. The purpose of the move is to consolidate General's key technical, manufacturing, quality and product service organizations.

Toledo, OH-based Dana Corp. is seeking a site, possibly near existing sites in Tennessee and Arkansas, on which to build a hose manufacturing facility for its Boston Industrial Products Division. The additional capacity will be used to produce longer length and larger internal diameter hose products, and will permit the manufacture of new hose product lines to meet the needs of the company's domestic and international customers. Dana wants to see some increase in production during 1993.

Over the next four years, Dunlop Zambia in south central Africa plans to spend $7 million in a modernization program, which includes the possible introduction of a new tire to the Zambian market, according to a news report. The African tire maker, majority-owned by BTR P.L.C., is seeking to buy much of the technology from BTR subsidiary, Dunlop International Technology Ltd., based in Birmingham, England. The Zambian government owns 26% and Anglo American Corp. owns 16% of Dunlop Zambia.

Phenoxy Associates, a partnership formed by a group of former Union Carbide employees and aided by private financing from a trust associated with United Kingdom chemical industrialist, Ken Schofield, purchased Union Carbide's phenoxy resins business. Union Carbide's phenoxy unit in Bound Brook, NJ, will be transferred to a site in Rock Hill, SC. Customers have been assured of supply continuity from inventory accumulated for the transition. Phenoxy resins are high molecular weight thermoplastics used as binders for alloys and adhesives.

Liquid Carbonic Specialty Gas bought Hydrocarbon Technology, a company that produces and certifies multi-component hydrocarbon calibration mixtures used in calibrating process and laboratory instruments in chemical plants. In addition to pure gases, simple mixes, instrument gases and gases for use in supercritical fluid applications, Liquid Carbonic's expanded product line now includes complete and highly accurate hydrocarbon mixtures.

Lloyd Manufacturing of Warren, RI, acquired certain assets of the graphic arts business of Rainfair, located in Racine, WI. Rainfair's plate backing products are compatible with Lloyd's experience and enables the latter company to serve the graphic arts market. Manufacturing will shift from Wisconsin to Rhode Island. Lloyd formulates, compounds and calenders specialty elastomeric products.

Xytel Corp. established a Standard Systems Division in Mt. Prospect, IL, where all of the company's pre-engineered off-the-shelf pilot plants will now be manufactured. The division will handle ARC and micro-ARC catalyst research systems, microactivity test units, FCC steamers and ARCO and Davidson recirculating fluid catalytic cracking pilot plants. Large pilot plants, PDUs and systems that involve custom engineering will continue to be designed and built at Xytel's existing facility in Mt. Prospect.
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Title Annotation:rubber industry acquisitions, mergers and other news
Publication:Rubber World
Date:Mar 1, 1993
Previous Article:Management.
Next Article:Contracts, licenses.

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