GALLATIN, Tenn. (July 24)—Linatex Corp. of America, a manufacturer of rubber linings and molded products, has sold its process technology process line to McLanahan Corp. of Hollidaysburg, Pa., for an undisclosed amount. At the same time, Linatex has invested $6.4 million in a new continuous press from Germany and $2.6 million more in upgrades for its natural rubber sheeting operation in Batu Caves, Malaysia. "The future of Linatex lies in rubber technology," said Linatex President Martin Pugh in a prepared statement. The press will be installed at Batu Caves by the end of the year, a Linatex spokeswoman said. Linatex, a division of British specialty chemical manufacturer Elementis P.L.C., makes natural rubber conveyor belting and linings for valves, pumps, pipes and hose, serving mostly the sand, gravel and mining industries. It has its headquarters in Gallatin and other operations in Phoenix and Sept Isles, Quebec.
Linatex sells process technology line, beefs up NR operations
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