Crane Plastics Manufacturing Ltd., USA has purchased 60 per cent of Profile Solutions Inc., USA and changed its name to Profile Solutions Industries. The current management, still holding the remaining 40 per cent will continue to operate the firm as separate entity.
The leading european pipe manufacturer Wavin, Netherlands has raised its profits by 90 per cent and turnover by 3 per cent. This extreme profits rise is based on improved sales in France and Northern European countries. In 1999 the turnover of the complete Wavin group was about EURO 776 million with an output of 362.000 tns.
Mobil Plastics Europe will expand its oriented polypropylene (OPP) film
production in Brindisi, Italy. It will install a line with with a
capacity of more than 44 million pounds per year. Operation will start
in 2001 and will reach full capacity in 2002.
Toray, Japan will expand its operation in Penang, Malaysia by adding a third line for the production of PET-film. The existing lines have a capacity of 30.000 jato, this means 30 per cent of the world market. The new investment will amount to EURO 90 million.
The german cable manufacturer Leoni AG, Germany takes over the british Lucas Rists Wiring Systems. Lucas Rists employs approxm. 4.000 people in the UK, Romania, Tschech Republik and Egypt with a turnover of Euro 150 million. With this deal Leoni has reached almost the Euro 1 billion turnover. Leoni is one of the mayor supplier of cable for the automotive industry.
Silvergate Plastics, UK has ordered two twin screw compounding extruders from Leistritz for masterbatch production. The order represents a change in direction for Silvergate. The company is specialised in small lots with quick colour matching.and has worked on single screw extruders and small scale twin screw extruders. Due to increasing demand also for large production runs, the company ordered two 50 mm Leistritz twin screw extruders and attendant line equipment.
The firm employs 56 people and had a turnover of EUR 9 million in 2007. With a focus on the non-residential market, Warmafloor includes the British Museum in London and the Airbus factory in North Wales among its clients.
Riding a two-game winning streak against their old Southern 3-B rivals - the average margin of victory was nearly 30 points in those two Hawk victories. The Broadus cheerleaders even diplomatically welcomed the Crow Reservation boys in their native language with a sign reading Itchik Daloom to wave in - for the first time since 2019 - the Indians of Lodge Grass to Broadus for a high school football game.
The Indians opened the second quarter with another Silas Howe rushing touchdown, this time from 1-yard out, to draw within 22-12. The 2-point conversion attempt was unsuccessful. Broadus quickly answered with another touchdown pass to pad the Hawk lead to 30-12.
At this point in the game, the Indians defense, a key in all Lodge Grass victories and the heart of the LGHS Ironman football tradition, began to stiffen. Defensive playmakers included junior Alonzo Little Nest with a quarterback sack, junior Myron Backbone with a fumble recovery and senior John Nomee with an interception - all of which were enough to stymie the Hawks offense and there was no further scoring in the quarter as Broadus took a 36-12 lead into the half.
However, yet another costly turnover (an interception) ended the Lodge Grass drive. The Indians defense, playing stronger and stronger as the beautiful early autumn evening wore on, kept Broadus in check. Sophomore Hunter Kindness registered a quarterback sack to highlight the defensive efforts as the quarter came to a close with no scoring by either team.
Many teams, down by 24 points going into the final 12 minutes would fold and crumble. The Lodge Grass Indians are made of different stuff and a key drive-ending fourth down stop of a Broadus drive at the LG 23-yard line shifted momentum heavily in the Indians favor.
Silas Howe capped off an impressive drive with a 5-yard touchdown rush, his third of the game, to draw the Indians within 36-18, however Lodge Grass could not get the critical 2-point conversion which would have closed the game to within two possessions.
As of 1st July 2023, Novopress is expanding its management team by appointing Jens Girrbach and
Volker Rhle as two additional Managing Directors to join the existing Managing Director Gert Rieger. The
reasons for this capacity expansion are the further acceleration of the increasing production figures, the
expansion of the innovation leadership, the further improvement of the customer service and the increased
internationalization of business. The focus here is particularly on the markets Asia and Africa.
Jens Girrbach (37) has been with Novopress for ten years, most recently as Sales Manager and
authorized signatory. Prior to that, he held several positions and responsibilities within the company,
including development engineer and Sales Manager for Australia, Great Britain and the Netherlands. He
started his professional career after his mechanical engineering studies as a development engineer in the
field of cold forming in the automotive supplier industry.
Volker Rhle (51) joins Novopress as a new Managing Director. From the beginning of 2020, the graduate
engineer for supply engineering was Managing Director of Wavin GmbH. Volker Rhle was responsible
for two production sites with a turnover in a 3-digit million range. In addition to winning new key accounts
and wholesale partners, he was responsible for a significant increase in turnover and profitability. Volker
Rhle has been active for the Plastic Pipe Association as Chairman of the Board since 2022.
After his SHK training and studies, he spent more than 10 years in TGA planning and project management.
Volker Rhle then moved to international sales and built up the project business in the field of building air
conditioning as Director of Sales & Marketing in the Middle East. Prior to this, Volker Rhle was successful
at Glen Dimplex as Director of International Sales through the transformation and reorganization of country
subsidiaries and later became a member of the Board of Directors of Glen Dimplex Swiss AG.
Gert Rieger (54) has already been Managing Director at Novopress since May 2012. At this time, Gert
Rieger joined Novopress after holding several management positions in the construction industry in the
field of structural and civil engineering, as well as in foundation engineering.
Richard Grohe, Managing Director of Syngroh Capital, said: "Since our majority investment in 2019,
Novopress has developed outstandingly. In order to accommodate this growth and to be able to maintain
the pace, we as shareholders together with Gert Rieger, have decided to also develop the organization
accordingly and to equip the management team with broader management capacity and expertise."
Stefan Zangen, shareholder of Novopress, said: "As a representative of the founding family, I am very
pleased to see how Novopress has gone from success to success for more than 50 years. The entry of
Syngroh Capital has once again set new impulses, especially in the areas of innovation and
internationalization. We all want to anchor this together also in the company management in order to
secure and expand the innovation and quality leadership of Novopress."
About Novopress
Novopress, founded in 1969 by the families Zangen and Dischler, stands for high-quality tools that have
achieved great success through reliability and great know-how in development and ergonomics. The
product range includes press tools for the installation of pipes and fittings made of steel, copper or plastic
in industry and construction. Novopress is extremely flexible in developing the appropriate tool for each
fitting, enabling safe connections all over the world. Thanks to more than 50 years of accumulated
knowledge and continued high investments in research and equipment development, Novopress is one
of the technologically leading manufacturers of press tools. Around 200 employees are now working for
Novopress and has a sales and service network in Europe, the USA, Australia and Asia.
The Novopress quality is based on reliable and above-average suppliers. Thats why we set a high level of requirements to them and prove exactly who is the perfect partner for our demand and can ensures our requirements over a long time period.
Carey Group chief executive Jason Carey said: Having assessed our projected turnover for this financial year and as a result of the impact of the Covid-19 pandemic, the Carey Group is anticipating a decline in current turnover levels and as such has initiated a restructuring programme to better align our teams and cost base.
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