Linatex Sells Process Technology Line to McLanahan
August 7, 2001
Linatex Corp. of America recently announced the sale of its process technology product line to McLanahan Corp. Linatex will continue to manufacture and distribute its signature product line, premium natural rubber sheet and fabricated products. The process technology line comprises engineered systems and specific equipment such as cyclones, separators, hydraulic classifiers and dewatering screens. McLanahan will also assemble and distribute the Linatex line of pump products and spares. Terms of sale include the transfer of 15 Linatex personnel and engineers, who will join a new organization to be known as LPT Group Inc., a division of McLanahan. This division will operate from a new facility located in Gallatin, Tenn., which is near the current Linatex facility. Testing of customer materials will be conducted in a new lab at the McLanahan location.