Magnifoam to complete purchase
Magnifoam Technology International Inc. expected by the end of April to complete its acquisition of the remaining 29-percent interest in Leewood Elastomer GmbH, a German silicone products manufacturer.
A producer of silicone seating foam for railcars, Magnifoam is spending nearly $1.5 million for the interest. The company has significant business in the North American market, and is hoping to tap the expanding transit-refurbishing market in Europe through the acquisition.
RPM unit buys Koch
RPM International Inc.'s Tremco Inc. subsidiary has acquired Koch Waterproofing Solutions Inc., a provider of waterproofing systems to the residential new construction market.
With $30 million in sales and headquarters in Reynoldsburg, Ohio, Koch will operate as a stand-alone business within the Sealant/Weatherproofing Division of RPM's Tremco Group. The terms of the deal weren't disclosed.
Eliokem signs up Harwick Standard
Harwick Standard Distribution Corp. will distribute Eliokem Inc.'s Wingstay non-staining antioxidants and Pliolite S6 reinforcing resin product lines.
The agreement, effective June 1, will help Eliokem improve its service to the rubber industry, building and strengthening the firm's presence in the U.S. market, said Olivier Faussadier, Eliokem general manager for U.S. operations.
SAE committee seeks papers
The Committee on Automotive Rubber Specifications is seeking papers for a technical session it is sponsoring at the Society of Automotive Engineers 2004 World Congress in Detroit.
Those wishing to present papers on technology innovations in polymer, composite, compound ingredients or material test methods should submit a letter of intent by July 3 to Randy L. Dickerman, DaimlerChrysler Corp., CIMS 514-15-40, 14250 Plymouth Road, Detroit 48227-3086. He can be reached by phone at 313-653-5624, fax at 313-653-5636, or e-mail [email protected]
Pelletron moves offices, facilities
Pelletron Corp. has moved its corporate offices and lab test facilities to two separate sites in Lancaster, Pa.
The firm's administrative headquarters is located at 3004 Hempland Road, Lancaster 17601, while its dedusting lab and test facilities are at 310 Running Pump Road. Pelletron's telephone and fax numbers and e-mail address are unchanged.
The New Jersey Sports and Exposition Authority has selected FieldTurf Inc.'s synthetic grass surface for Giants Stadium in East Rutherford, N.J....Delphi Corp. has ordered an ABB/ Braintech Inc. Vision Guided Robotics system to assemble axle brake parts...Michelin North America Inc. has contributed $25,000 to Ol' Blue USA, a non-profit organization dedicated to large vehicle safety...Mannesmann Plastics Machinery A.G. has named Sunnex Inc. its primary global supplier of machine mounts...Vibracoustic North America's Microcellular Urethane Products Lead Center has won a 2003 Shingo Prize for Excellence in Manufacturing...General Motors Corp. named Bridgestone Corp. and its subsidiaries, including Bridgestone Americas Holding Inc., a 2002 Supplier of the Year...The National Association for Hose & Accessories Distributors has updated its Web site at www.nahad.org. New features include an expanded search capability and an archive of business articles, consultant services and references.