"They can always merge the plastics business back together if lightning strikes and the deal doesn't succeed."
The sons now run a plastics business next door, and the father runs the derby business mostly on his own.
The company also plans to expand its plastics business, making items like containers for high-priced bottled water.
Based largely on its growing plastics business, Dow opened a consumer products division beginning with Saran wrap in 1953.
Wiik & Höglund made major investments and acquisitions to expand their plastics business.
G.E. also said it would seek a buyer for its lackluster plastics business.
His father worked in the plastics business.
The nation's petrochemical industry, whose biggest customer is the plastics business, is operating virtually at full steam.
Q. Have you been at a competitive disadvantage because of a less global presence than others in the plastics business?
It also started shopping around its plastics business, which was sold last year, also for less than Tyco had once hoped.