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2021 Rotational Molders Ranking

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2021 Rotational Molders Ranking Medical Design & Manufacturing West PAGES 4 and 8 August 23, 2021 PlasticsNews.com $19.95 2021 ROTATIONAL Biden administration adds hurdle for Formosa complex in Louisiana By Steve Toloken “I conclude an EIS process is MOLDERS RANKING Plastics News Staff warranted to thoroughly review areas of concern, particularly The U.S. Army Corps of Engi- those with environmental justice neers announced Aug. 18 that implications,” said Pinkham, who it is requiring a much more de- is the acting assistant secretary of tailed environmental review of the Army for civil works. Formosa Plastics’ massive petro- In October, the Corps had sus- chemical complex in Louisiana, pended Formosa’s permit for the a decision that opponents said complex, called the Sunshine they hope means the project will Project, following a lawsuit from be canceled. environmental groups. Pinkham’s But Formosa Group LA LLC, announcement means the project which is building the $9.4 bil- has to face more hurdles. lion complex, said it was still Opponents of the complex hope assessing what it would mean the EIS process and the delay will for the project, saying the Corps mean the company will cancel announcement did not provide the project, but Formosa said in enough details. a statement it was still assessing President Joe Biden’s appoin- the announcement. tee to head the Corps, Jaime “The tweet and accompanying Pinkham, released a statement letter from the acting assistant on Twitter saying that the con- secretary of the Army posted to- troversial plastics and petro- day online provide little detail on chemical complex in St. James EIS procedure the Corps intends Parish would undergo an en- to use in its additional evalua- vironmental impact statement tion of the project,” said Janile (EIS), including reviewing envi- Parks, director of community and Sterling adds rotational molding ronmental justice concerns. See Formosa , Page 26 capacity to grow with customers Prototypes, rapid development at By Catherine Kavanaugh ed growth for 2022. center of Minnesota expansion Plastics News Staff It’s strange and it’s Sterling Technologies a good problem — Inc. now has a eet By Sarah Kominek sales, Bonitati said. ake City, Pa.-based Sterling Technologies considerably better of nine carousel Plastics News Staff The company expects to break Inc. is adding two rotational molding ma- than the alterna- machines, which ground this fall and for the cen- chines and automated packaging equip- tive,” Quigley said in initially were developed Anaheim, Calif. — Injection ter to be operational in the ment to meet increased demand from most a phone interview, to manufacture molder Quadion LLC, doing spring of 2022. Lof its customers. adding that annu- polyethylene products. business as Minnesota Rub- Through investing in new Company of cials hope to add employees, too, al sales increased Sterling Technologies Inc. photo ber and Plastics, is building a capabilities and improving re- to handle the new work. about 25 percent 9,000-square-foot innovation sponse time, the center is “real- Founded in 1998, the privately held company from a year ago. center next to the company’s ly going to transform the way we produces a variety of industrial, agricultural and Sterling ranks in a tie for 45th among North Amer- corporate headquarters in Plym- do business and interact with retail goods from fuel tanks and rain barrels to ican rotational molders based on annual sales, ac- outh, Minn., to design, build and customers,” Bonitati said, “es- cases and medical components to subsea ota- cording to Plastics News’ latest ranking. test prototypes. pecially when working with folks tion collars. To keep up with customers, Sterling bought The primary focus of the cen- early on in development to be Business is up across the board to just under $12 two machines from Chapecó, Brazil-based Ro- ter is to grow the company’s able to carry that through into million, according to President Cary Quigley. toline Industrial Equipment Ltda. A crew is medical business to more than commercial product.” “Almost every one of our customers has project- See Sterling, Page 22 half of its overall sales, Don Bo- The company previously out- nitati, global medical market sourced a lot of its prototyping, TOP 10 ROTATIONAL MOLDERS director, told Plastics News at he said. But customers “can’t MD&M West 2021 in Anaheim. wait” three to four weeks for 1 Tank Holding Corp. 5 Little Tikes Co. 8 Moeller Marine Medical projects currently prototypes. $420 MILLION* $148 MILLION* Products Inc. make up 37 percent of overall When the center is complete, $50 MILLION* sales for the molder of thermo- Minnesota Rubber and Plastics 2 Toter LLC 6 Centro Inc. plastics and elastomers, includ- will able to turn a prototype $180 MILLION* $143 MILLION* 10 Con uence Outdoor ing liquid silicone rubber. around in a week, Bonitati said. $48 MILLION* “A lot of the strategic initia- “Being a custom molder that Step2 Discovery LLC Pelican Products Inc. tives we put into place a cou- does a lot of things that are 3 7 *PLASTICS NEWS ESTIMATE $172.5 MILLION $115 MILLION* ple of years ago we’re seeing very unique to anyone out there MORE COVERAGE INSIDE: through, and it’s really making a in the market and having the 4 Myers Industries Inc. 8 Dutchland Plastics LLC difference,” he said. material formulation capability, $164.3 MILLION $50 MILLION PAGES 9-15, 22-23 New business makes up about [customers] are really excited 40-45 percent of its overall See Quadion, Page 24 ©Entire contents copyright 2021 by Crain Communications Inc. All rights reserved. LEARN MORE ON PAGE 27 March 16-17, 2022 | DETROIT, MI Plastics News, August 23, 2021 • 3 Faurecia to buy Hella in $8B deal Bison Bag expanding Lippstadt, Germany — The founding family owners of Hella KGaA Hueck & Co., a maker of automotive lighting, announced Aug. 14 that it would sell its 60 percent stake in the company to French auto supplier Faurecia SA. again in Western New York Faurecia was up against two other global automotive plastics suppliers, Plastic Omnium, also based in France, and Germany’s By Jim Johnson Mahle Group, in bidding to buy the extensive Hella operations. Plastics News Staff Nanterre-based Faurecia has more exposure in automotive inte- riors, although like many plastics suppliers has been positioning A Western New York exible itself to grow in electric and autonomous vehicles. Plastic Omnium packaging maker is adding space makes front-end modules and other exterior plastic fascia. It has to allow for more production partnered with Hella in the past in the HBPO joint venture, a maker and an increase in employment of front-end modules. through a $2.3 million project. While Mahle has more recognition as a maker of engine systems, Bison Bag Co. Inc. plans to con- ltration and mechatronics, it does have exposure to plastics op- struct 41,000 square feet of new erations through its heating and air conditioning products. warehouse that will free up square Faurecia will pay 6.8 billion euros for the shares, equal to about footage in the company’s existing $8 billion. building in Lockport to allow for “By combining their activities, Hella and Faurecia will become additional production equipment, the seventh-largest global automotive supplier,” Lippstadt-based according to one local economic Hella said in a news release. “This opens up signicant potential development ofcial familiar with for further protable growth. Hella and Faurecia today already are the project. global market leaders in their respective elds. By combining their The expansion is expected to respective strengths [they] aim to further expand their market po- create eight to 10 new jobs. sition, particularly in key growth areas.” A separate 2,500-square-foot Faurecia’s North American operations include $130 million building also is being built to A sales tax incentive is helping the exible packaging company worth of injection molding sales, placing it at No. 69 in Plastics house compressors needed at the to increase warehouse space that will free up existing space for News’ most recent ranking of injection molders. facility, said Thomas Sy, econom- increased production. Bison Bag Co. Inc. photo Lighting has come a long way since LEDs took over in that busi- ic development coordinator for ness segment, making Hella a more valuable commodity in the bid- the Town of Lockport. those eight to 10 jobs will be on company has experienced steady ding. What was once seen as a basic functional piece of the car is “One of the main reasons for those three new machines. But growth over the years, including a now a key design element for individual brands and nameplates. the warehouse was to get them I’m sure there’s a couple of ware- series of expansions, Sy said. “This combination is a unique opportunity to create a global some added production space. house jobs as well.” Bison Bag has been in business leader in automotive technologies,” Faurecia CEO Patrick Koller I know they are adding three Bison Bag did not return a for more than 50 years, including said in the release. “Together, we will have the critical edge to ben- machines,” he said. “So some of phone call seeking comment. The See Bison Bag, Page 24 et from the strategic drivers that are transforming the automo- tive industry.” Fire hits Mississippi molding plant Amcor to spend millions Jackson, Miss. — A fire caused major damage to an injec- tion molding plant operated by Harrison Manufacturing LLC in Jackson. The re started around 3 p.m. on Aug. 18, according to local me- on innovation centers dia reports. One reghter suffered minor injuries. Fire ofcials believe the re started outside the building, which By Jim Johnson Our innovation centers have already they believe was unoccupied at the time.
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