BASF to Sell Local Plant to Hexcel Corp. : Manufacturing: The buyer of the Anaheim facility, a maker of specialty chemicals and resins, said it has no plans to lay off any of the 270 employees.

BASF Corp. said Wednesday that it plans to sell its Anaheim-based adhesive operations to Hexcel Corp.

Hexcel, a specialty chemicals and resins manufacturer based in Dublin, Calif., said it has no plans to lay off any of the plant’s 270 employees. The adhesives resin fibers made at the plant, at 1440 N. Kraemer Blvd., are used in such diverse products as golf shafts, tennis rackets and aerospace and military aircraft components.

A purchase price was not disclosed, and the sale is expected to be completed by the end of the year.

BASF also announced that it will close a Rock Hill, S.C., plant where it makes carbon fibers. About 200 workers will be laid off from the operation when it shuts down by the middle of 1993. BASF officials said negotiations to sell the unit were unsuccessful.

The Anaheim and Rock Hill plants were part of BASF’s structural materials unit, which has had less work because of cuts in government military and aerospace contracts. The two plants, along with related operations in Germany, had revenues of about $50 million last year, said John O’Flaherty, Hexcel’s general counsel.

The acquisition will give Hexcel “a much greater presence in this business,” O’Flaherty said. In 1991, Hexcel had profits of $4.1 million on revenue of $386.6 million.

One analyst said the sale will bring more stability to the Anaheim operation because it no longer would be part of a larger conglomerate that makes everything from videotape to antifreeze.

“This adds on to a business (Hexcel) already participates in,” said Jerry Cantwell, a research analyst for Wertheim Schroder & Co., an investment banking firm in New York. “It’s good news. It’s not the kind of business they will shut down or move. Hexcel is in this business, and they are in it for the long term, whereas BASF would be in it when times are good.”

BASF Corp., based in Parsippany, N.J., had sales of $5 billion in 1991. It is the North American unit of German chemical and electronics giant BASF A.G. of Germany.

In Orange County, the sale would leave BASF with a polymer manufacturing plant in Orange and a warehouse in Buena Park. The company bought a polystyrene resin plant in Santa Ana from Mobil Corp. earlier this year.

In March, BASF announced that it was closing a paint plant in Anaheim, putting 124 employees out of work by the end of the year. Production will be moved to plants in Michigan and Ohio.