Cooper-Standard acquires majority interest in Metzeler India joint venture

Cooper-Standard acquires majority interest in Metzeler India joint venture

NEWS Lamons opens new facility in Baton Rouge T he Baton Rouge branch of Lamons Gasket Co. has completed the move to a new 5750m2 facility in the I...

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NEWS

Lamons opens new facility in Baton Rouge

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he Baton Rouge branch of Lamons Gasket Co. has completed the move to a new 5750m2 facility in the Industrialplex Business Park, Baton Rouge, LA, USA. With over 4500m2 of manufacturing space the local manufacturing capabilities will be increased considerably. The company already distributes a complete line of standard gaskets and stud bolt assemblies and manufactures special double jacketed, solid metallic and non-metallic gaskets together with special stud bolts. Additional facilities will include local fabrication of special spiral wound gaskets with inner and outer rings, Kammpro gaskets and CNC plasma cutting of solid metals. Contact: Lamons Gasket Co. 7300 Airport Blvd. Houston, TX 77061, USA, Tel: +1 713 222 0284, Fax: +1 713 547 9590, Email: [email protected], Web: www.lamonsgasket.com.

Corfina Industriale transfers shares to Freudenberg

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he working relationship established between Corfina Industriale and Freudenberg more than 70 years ago is to undergo further expansion as the German company takes a 50% equity stake in its partner. Corfina Industriale has now transferred 50% of the shares in the current joint venture to Freudenberg. Specializing in automotive seals, the company employs around 800 people, who achieved sales amounting to approximately 120 million euros in 2007. The Cosso Family and the Freudenberg Group have been working closely together in the Italian joint venture for more than 7 decades, focusing their efforts on the development and production of seal solutions for customers in the automotive segment and in many other branches of industry. This cooperation will continue as the Cosso Family has transferred its shares in Corfina Industriale to Freudenberg. Maria Luisa Cosso is to maintain her position as Chairman of the Administrative Board and no changes are to be made in either management or workforce. A new factory has been built on the outskirts of

March 2008

Pinerolo in Northern Italy for the production of special seals for European customers. The two partners each held 50% of the shares in Corfina Industriale and the affiliated companies Corcos Simrit in Verona and Fapam in Luserna San Giovanni prior to the transfer. The buildings and real estate belonging to the company are consolidated in Corfina Immobiliare, which will continue to operate as a 50:50 partnership under the joint management of the Cosso Family and Freudenberg.

have initiated an alliance to promote safe leak free small bore tubing systems. The two companies will work together with the common objective of eliminating leakage and increasing system safety in the area of small bore tubing systems. The alliance is seen as being particularly beneficial for Training Organisations to align themselves to deliver quality training courses, bundled to suit the logistics of Offshore workers.

Contact: Freudenberg & Co. KG, D-69465 Weinheim, Germany, Tel. +49 6201 80 4094, Fax +49 6201 88 4094, Email: [email protected], Web: www.freudenberg-ds.de.

Contact: Hydratight, 5 Coopies Field, Morpeth, Northumberland, NE61 6JT, UK, Tel: +44 1670 515 432, Fax: +44 1670 513 110, Email: [email protected], Web: www.hydratight.com.

Cooper-Standard acquires majority interest in Metzeler India joint venture

FSA aims to highlight real costs of seals

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ooper-Standard Automotive Inc. has completed the acquisition of the majority joint venture interest of Automotive Sealing Systems, S.A. in Metzeler Automotive Profiles India Private Ltd. New Delhi, India. Cooper-Standard has 74% of the equity with the remaining 26% owned by Toyoda Gosei Co., Ltd. MAP India’s operations include manufacturing facilities in New Delhi and Gurgaon for the production of automotive weather sealing systems and employ approximately 1000 people. Customers include; Toyota, TATA, Mahindra & Mahindra, Maruti-Suzuki, Fiat Telco, Honda, Ford and General Motors.

Contact: Cooper-Standard Automotive, Fluid Systems Division HQ, 2110 Executive Hills Court, Auburn Hills, MI 48326, USA, Tel: +1 248 836 9400, Fax: +1 248 836 9116, Email: [email protected], Web: www.cooperstandard.com.

Hydratight and Swagelok Scotland join forces

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ary Milne Hydratight Technical Training Manager and Peter O’Connor MD of Swagelok Scotland

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he Fluid Sealing Association, in the USA, has established an educational initiative called Sealing Systems Matter with the primary objective of influencing the decision-making process applied to the purchase, specification, and upgrade of sealing systems used in the process industries and municipalities. In today’s highly competitive market, an increasing number of users and those specifying seals are buying systems on the basis of initial cost. This can be at the expense of higher lifetime costs to their operations in terms of energy consumption, water usage, effluent treatment, chronic maintenance cost, and perhaps reduced ability to keep abreast of their safety and environmental responsibilities. Sealing Systems Matter will promote educated decision-making based on total life cycle cost (LCC), thereby accounting for these additional lifetime costs. The scheme will use new educational material, on-site training programmes, technical presentations, and software tools to take the LCC message to facilities owners, plant managers, operators, contractors, engineers, consultants, and other stakeholders.

Contact: The Fluid Sealing Association, 994 Old Eagle School Road #1019, Wayne, PA 19087, USA, Tel: +1 610 971 4850, Web: www.fluidsealing.com.

Sealing Technology

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