Canadian Plastics

News Briefs (October 01, 2007)

Cobourg, Ont.-based Lorenz & Son has broken ground for its new 10,000 square foot building.

October 1, 2007   Canadian Plastics



Cobourg, Ont.-based Lorenz & Son has broken ground for its new 10,000 square foot building.

The new facility, which will be situated adjacent to the company’s existing facilities, will increase Lorenz’s total manufacturing space to 60,000 square feet. “It’s an important step because we needed the capacity, we don’t have enough room,” explained company president Peter Lorenz.

The new facility will manufacture diverter valves and slide gates for conveying systems, he added.

Lorenz & Son expects the new building to be complete in late October or early November, and noted that the construction would not have an impact on Lorenz & Son’s existing production.

“[The new facility] will enable us to serve the industry better, and to keep our two-week delivery schedule on time,” said Lorenz.

Mississauga, Ont.-based extrusion systems supplier Macro Engineering & Technology Inc. has installed a $35 million sheet production plant in China. According to the company, the project began in 2005 with custom engineering and component integration, followed by an interim installation near Macro’s headquarters. Overseas installation began early in 2007.

French injection mold manufacturer Ermo has entered into a technical collaboration with Montreal-based moldmaker Exacad to provide Ermo customers with an authorized service centre in North America.

“Our North American and Latin American customers were eager for this association,” said Yann Coquelle, head of Ermo’s Canadian branch, which is also located in Montreal. “Establishing a technical service centre for mold repair and maintenance was imperative to our development in this part of the world.”

Saudi Basic Industries Corporation (SABIC) has completed its purchase of GE Plastics from General Electric for a purchase price of US$11.6 billion.

The former GE unit is now Sabic Innovative Plastics.

“This acquisition will significantly broaden Sabics’s plastics portfolio and provide access to new global markets,” said HH Prince Saud bin Abdullah bin Thenayan Al-Saud, SABIC chairman. “The people, products and technologies of Sabic Innovative Plastics bring a legacy of material innovation and expertise that will enable SABIC to further strengthen and grow its position as a world-class leader in the plastics industry.”

Headquartered in Riyadh, SABIC is a manufacturer of plastics, chemicals, fertilizers and metals.

Cincinnati, Ohio-based flexible packager Ampac Packaging LLC has purchased Floeter Flexible Packaging Group, of Eberdingen, Germany, for undisclosed terms.

The purchased includes manufacturing locations in Eberdingen and Leipzig, Germany; one in New Delhi, India; and one in Chicago, Ill.

“We are very excited about Ampac and Floeter joining together,” said John Baumann, president and CEO of Ampac. “[Floeter’s] long standing reputation as a frontrunner and technology leader for preformed retort pouches makes the acquisition a perfect next step in our strategic growth plan.”

No layoffs have been announced. Floeter’s CEO, Mark Rapp, will continue as president of Ampac’s global pouching division.

With the addition of Floeter, Ampac will operate 14 manufacturing centres in North America, Europe and Asia. The company employs approximately 1,300 people with annual revenues in excess of US$300 million.


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