As part of Carlisle
Companies Inc.’s recently announced plan
to sell its systems and equipment business, Winsted, Minn.-based Carlisle Process Systems Inc.
(CPS) has sold Shanghai Carlisle Stainless
Equipment Co. (Shanghai Carlisle) to NDA China Ltd., a subsidiary of NDA Engineering Ltd., a New
Zealand company. The new business will be called Shanghai NDA Stainless Equipment Co. Ltd. (Shanghai NDA).
New Castle, Del.-based SPI
Polyols will be honored for its ongoing support
of the Delaware Chapter of the Juvenile Diabetes Research Foundation
International (JDRF) at the Chapter’s 5th annual Promise Ball on June 10. SPI Polyols is the top
corporate partner of the gala, and has supported the event for the past two
years. The company also supported last year’s annual JDRF Walk for a
ribbon-cutting ceremonies in February to unveil its new North America
Headquarters and Innovation facility. With in excess of 240,000 square
feet, the company’s new headquarters, located in New Century, Kan.,
is home to more than 150 employees and houses offices for management, sales
and marketing, customer care, administration, innovation, logistics,
finance, regulatory, human resources, information systems and customer
service. The new site also boasts an impressive culinary kitchen as well as
innovation labs for fats and oils, food protection and analytical testing,
fruit preparation and confectionary, culinary and meat, bakery, dairy and
beverage — all with a full-scale pilot plant facility.
LLC and its partners showcased NatureWorks PLA
and Ingeo fiber products at last month’s Biodegradable
Plastics Exhibition in Beijing. An independent
limited liability corporation owned by Cargill, NatureWorks is working with local companies to develop the
market for PLA in China.
Houlihan Lokey Howard & Zukin, Los Angeles, announced last month that it earned the highest
rankings in the firm’s history in Thomson Financial’s league
tables for full-year 2005, based on number of completed transactions.
Houlihan Lokey ranked as the No. 1 M&A advisor for U.S. transactions
valued up to $750 million, with 67 completed deals. For all U.S.
transactions, the firm ranked No. 2 with 129 deals, second only to Goldman
Sachs & Co. and finishing ahead of numerous bulge-bracket investment
Dynisco LLC, a portfolio company of Audax Group, has sold its
extrusion business unit to Xaloy Inc., a portfolio company of Baird
Capital Partners. Terms of the agreement were
With seven months to go before Pack Expo International 2006 opens on
October 29 in Chicago, the Packaging Machinery
Manufacturers Institute (PMMI) is expanding
exhibit space in the Containers & Materials Pavilion to meet increased
demand. The Containers & Materials Pavilion will also include an
expanded Showcase of Packaging Innovations, which will display
hundreds of award-winning packages from leading associations in the
Rexam Beverage Can North America, Chicago, is making it easier for customers in the retort
beverage business to benefit from its unique Sleek Can packaging. The
company is partnering with Dairy Farmers of America Inc. (DFA) to offer
beverage marketers low-acid products in sleek two-piece aluminum cans. DFA
has made a significant investment in a new filling and batch retorting line
to become the first contract packing retort facility in the country that
can run the Rexam Sleek Can.
Olathe, Kan.-based Systems
Material Handling Co. has moved into a new
275,000-square-foot headquarters. The facility houses a modern design and
engineering department, a sophisticated warehouse and distribution center
equipped with state-of-the-art inventory control, and a semi-automated
packaging and shipping area.
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