Calendar

May 2012
M T W T F S S
« Apr    
 123456
78910111213
14151617181920
21222324252627
28293031  

Categories

Read FGI

You can follow the news on FGI website as if you were reading your e-mail using ....

Seaman announces $7.5 million capital plan

Government support credited in plan that creates new jobs

GeosyntheticsMagazine.com | November 3, 2011

Citing support from the state of Ohio and the city of Wooster, Seaman Corp.announced plans for a $7.5 million capital investment program in a Nov. 1 press release. The plan is expected to protect current employment levels and add more jobs in the near future, according to the release.

Seaman, with manufacturing facilities in both Wooster, Ohio, and Bristol, Tenn., is a global supplier of high-performance fabrics and geomembranes for lining, roofing, truck tarp, dock seals and doors, and other applications.

The press release noted that the company currently employs about 150 people in Wooster, and figures to add about 12 more as a result of the new investment. While some new jobs will be in manufacturing, most will be in research and development, new business exploration, and sales.

The Bristol plant employs about 145 people in manufacturing, while the company also has about 25 more sales and technical support employees in national and global locations, the release said.

“We are very grateful to the Ohio governor’s office and administration, as well as the city of Wooster, for their very defined, aggressive approach to see that our investment in jobs stays in Ohio,” said Richard N. Seaman, chairman and CEO of Seaman Corp.

The capital program is funded with a low-interest state loan for about $3 million, supplemented with conventional financing and savings from a 10-year abatement amounting to 50% on new real estate taxes from the city of Wooster. Previously, members of the Wooster Board of Education, the primary beneficiary of local real estate tax money, had endorsed the abatement, according to the press release.

 

Propex expands its product line with new geogrids

Biaxial and uniaxial grids available now

GeosyntheticsMagazine.com | May 1, 2012

Propex announced in an April 30 press release an expansion of its product portfolio with the addition of GRIDPRO™ biaxial and uniaxial geogrids. Made in the U.S., the new geogrids are manufactured to meet all industry specifications and are now ready to ship from the company’s Ringgold, Ga. facility, the release said.

“The addition…builds on our brand promise to deliver the most complete portfolio of products to the industry,” said Ralph Bruno, Propex’s executive vice president of sales and marketing. “We are committed to providing the highest quality of domestic-made products that meet or exceed industry standards.”

The release also noted that Chattanooga-based Propex offers a full line of geosynthetic products through its network of distributors, from woven and nonwoven geotextiles to erosion control products and, now, geogrids.

Source: Propex

 

Layfield expanding its Canada operations

New facilities in Vancouver and Edmonton
To support continued North American and international growth, the Layfield Group of Companies announced in a May 1 press release new capital expansion plans for its Vancouver, B.C., and Edmonton, AB, operations.

The Vancouver expansion includes the addition of a new blown-film extrusion line, adding 24 million pounds (10.9 million kg) of new capacity and facility upgrades, according to the release. This expansion will provide new capacity for Layfield’s core product lines of geomembranes, construction films, and specialty packaging products. Completion is expected by September 2012, the release said.

The Edmonton expansion includes a 12-acre site, 125,000-square-foot (11,600 m2) office, distribution, and production facility. The expanded production capacity will be designed for converting geomembranes, geosynthetics, and industrial fabrics using new welding and sewing technologies, according to the release. Construction of this new facility is currently under way with a completion date of January 2013.