To
satisfy demanding customers like
Procter & Gamble, Tredegar Films
is relocating its R&D operations
to Richmond.
The anticipated result: greater creativity in product development.
by
Robert Burke
Deal-hungry
retail customers are a tough
crowd to please. Prowling the
aisles of big-box stores like
Target and Wal-Mart, they demand
products that are better,
faster, new and improved, and
they’re not loyal to
merchandise that can’t keep
up. Oh yeah, and it has to be
cheaper, too.
Weary
retailers, though, aren’t
trying to answer that demand by
themselves. They pass it on to
the product manufacturers that
supply them, who in turn push it
on their suppliers – such as
Richmond’s Tredegar Film
Products, a subsidiary of
Tredegar Corp. Tredegar had
$413 million in revenues last
year in the personal care,
household care, packaging and
specialty markets.
That
pressure to come up with the
latest eye-catching innovation
is a big reason why Tredegar is
revamping its
product-development effort. Last
fall the company announced plans
to move its research and
development and technical
centers in Terre
Haute,
Ind.,
and Lake
Zurich,Ill.,
to Richmond
this year to a 45,000-square-foot
facility in the RichmondTechnicalCenter,
just a few miles east of the
Tredegar corporate headquarters.
The move, when completed later
this year, will give the company
something it’s never had –
product developers, plus
marketing and sales teams and
senior management, all in the
same place.
The
goal is to make the process of
developing new products and
getting them to market faster
and leaner, says Tredegar Film
Products
President Thomas G. Cochran. “Our
strategy is based on bringing
consumer-noticeable innovation
to our customers. To do that
well, it’s vitally
important that we co-locate our
research and development with
our employees who really are
experts in the marketplace,”
he says. “It became something
that would be extremely
difficult to accomplish if we
conducted our R&D in
different headquarters.”More
Putting
science to the test
Segment leader
oversees product that helps
protect soldiers on the
battlefield
By John Reid Blackwell
The
employees at Honeywell
International Inc.'s Spectra
plant in Colonial Heights have
met the people who benefit most
from their work.
They are the soldiers who return
home from the Middle East, who
tell stories about how they
might have died had it not been
for the bullet- and
blast-resistant gear they wore.
They are the police officers who
talk about how body armor
containing Spectra material
protected them from bullets.
Since
becoming segment leader for Honeywell's
Advanced Fibers and Composites Business in
2003, Anne C. Cook has met some of those
soldiers and heard their stories.
"There
is a business aspect
Ann
Cook, segment leader
for Honeywell's Spectra
business unit.
to
it, and there is an emotional aspect to
it," Cook said of manufacturing and
marketing Spectra. "The employees
here feel this way, and I do, too. You
feel like you are doing something good. We
have had soldiers come down here who have
been protected by our material. You get
tears in your eyes hearing the
stories."
As
segment leader, Cook is responsible for a
team of managers who oversee the
development, manufacturing, testing and
sale of Spectra fiber, a high-strength
synthetic material typically used in
bullet-resistant vests, small-arms
protective inserts (SAPI plates),
bomb-blast containers and protective
gloves.
The
Richmond area is the nucleus for the U.S.
body-armor industry, thanks to Honeywell's
Spectra unit on Woods Edge Road and
DuPont's Kevlar manufacturing site on
Jefferson Davis Highway. The companies
sell Spectra and Kevlar to makers of vests
and other gear, including sporting gear
and ropes. Both companies have expanded
their operations during the past few years
to meet demand.More
Article
reprinted by permission of the Richmond
Times-Dispatch
News
Business
Albemarle
Raises $460 Million in Stock, Senior Notes
Albemarle
Corporation, a manufacturer of specialty
chemicals, has sold four million shares of
common stock for $34 a share. The sale of
stock plus the issuance of $325 million in
senior notes was applied to repayment of the
$450 million bridge loan incurred in
connection with the acquisition of the Akzo
Nobel N.V. refinery catalysts business. (Press release, Jan.
14, 2005) More.
Tredegar
to Sell Georgia Film Plant
Tredegar
Film Products Corporation has announced that
it is exploring the sale of its plant in LaGrange,
Ga.
The LaGrange plant, which accounts for $25
million in sales, produces blown films used
for adult incontinent and baby diaper
backsheet, feminine hygiene pad pouch
packaging, and other packaging and
industrial applications. Said President
Thomas G. Cochran: “Our growth strategy is
based on expanding sales of apertured,
elastic and specialty materials. This
divestiture is a continuation of our efforts
to align production capacity with the
changing demands of our global customer
base.” (Press
release, Jan.
10, 2005)More
Products
Alcoa
Packaging a Soft Touch
RICHMOND--Alcoa
Flexible Packaging has adapted its Reynolon
7011 shrink film packaging, a soft,
tight-fitting film, for use as a wrapping
for Westpoint Stevens' premium brand bedding
and bath accessories. Said Alcoa Marketing
Manager Anna Husk: "We've revitalized
Reynolon 7011 film packaging so it can be
used for the most elegant packages. The soft
feel of the film makes it ideal for wrapping
premium bed linens, as consumers have
expressed that a soft package is more
pleasing to touch. Created with optimum
clarity and durability, we've created a
premium bag for the high-end textile market
making the costly pre-made vinyl bags
unnecessary."
Research
Researchers
Develop “Superatom” Chemistry
A
VirginiaCommonwealthUniversity research
team, in partnership with Penn State, has discovered clusters of aluminum
atoms that have chemical properties similar to single atoms of metallic and
nonmetallic elements when they react with iodine, opening the door to using
“superatom” chemistry to create unique compounds with novel properties. More.