Page 57 - Plastics News January 2023
P. 57

BUSINESS NEWS






         Illinois housewares  molder Arrow moving to                              Stellantis  to  Build  Electric
         Mississippi                                                              VTOL Aircraft with Archer












                                                                                  Stellantis, a merger between Fiat
                                                                                  Chrysler and the French PSA
                                                                                  Group, and Archer Aviation have
                                                                                  agreed  to  significantly  expand
                                                                                  their partnership by joining forces
             rrow  Home Products LLC is  shoppers splurged  on products like      to  manufacture  Archer’s  flagship
          Amoving its plastic housewares  the ones Arrow manufactures to bet-     Midnight electric vertical take-off
          manufacturing plant from  Elk Grove  ter organize their cupboards and pre-  and landing (eVTOL) aircraft. Stel-
          Village, Ill., to the site of its distribu-  pare more meals in their own kitch-  lantis will work with the startup
          tion facility in Durant, Miss.     ens.                                 to construct and equip Archer’s
          Some  of the  96 employees  will  also  Arrow filled stores with reusable con-  recently announced manufactur-
          make the move, according to Human  tainers  and specialty  items  such as   ing facility in Covington, GA. The
          Resources Director Janice Labek.  "sip-a-bowls"  —  bowls with  built-in   companies plan to begin manufac-
          Others are facing layoffs that will be-  straws for slurping out the last bit of   turing the Midnight aircraft there
          gin in March.                      cereal.                              in 2024.
          Founded in  1961,  Arrow manufac-  However,  in  2022,  CEOs  of large   Midnight is designed to be safe,
          tured 3,000 different products at one  retailers, such as Target and Lowe's,   sustainable, and quiet, stressed
          time  but  pared those  down to  300  warned of sales declines due to infla-  Archer. Its expected payload of
          kinds of cups, bowls and containers  tion and a return  to pre-lockdown   over 1,000 pounds will allow the
          in 2017 under the new ownership  routines.  Markdowns to reduce in-     eVTOL to carry four passengers
          of Deltech Holdings Inc., which also  ventory also cut into profits and Tar-  plus a pilot. With a range of 100
          owns Deltech Corp., a Baton Rouge,  get even cancelled some orders as it   miles, Midnight is optimized for
          La., supplier of monomers and poly-  worked through excess stock.       back-to-back short distance trips
          mers.                              Public information about Arrow's     of around 20 miles, and a charging
          The  goal was twofold: Expand Ar-  pending closure doesn't offer any rea-  time of approximately 10 minutes
          row sales  within  the  higher-value  son prompting the decision and Labek   in-between.
          product areas of drinkware, hydra-  said she couldn't comment any fur-  This unique partnership in the
          tion, kids and home food preparation,  ther.                            urban  air  mobility  industry  will
          serving  and storage;  and build name  "We were doing distribution in Du-
          recognition through retail chains like  rant and now we'll be doing manufac-  leverage  each  company’s  respec-
          Walmart, Target, Meijer and Rite Aid.  turing and distribution," Labek said in   tive strengths and competencies
          Arrow promoted its U.S.-made prod-  a phone interview. "All the workers   to bring the Midnight aircraft to
                                                                                  market. Archer brings its  team of
          ucts on social media, including a 2019  who wish to move can. A couple will.
          Facebook post  supporting  a cam-  That's all I can tell you right now."  eVTOL, electric powertrain, and
          paign to petition bars to replace pa-  The state of Illinois was notified Dec.   certification experts while Stellan-
          per straws with plastic cups that have  23 about the  pending layoffs, which   tis will contribute advanced manu-
          built-in straws. The company added a  start March 21.                   facturing expertise, experienced
          link to its own sip-a-cup product.                                      personnel, and capital to the part-
          In 2020, during pandemic lockdowns,                                     nership.


          January 2023                                                                           PLASTICS NEWS 57
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