Daily News

ABC Group sells U.S. subsidiary to Chinese holding company

Toronto-based global automotive parts maker ABC Group Inc. has sold its ABC Group Fuel Systems Inc. subsidiary to China’s state-owned firm Rongshi International Holding Company Ltd.
Apr 23, 2014 1:31PM

GM restructures engineering staff

In response to a massive safety recall, General Motors is restructuring its Global Vehicle Engineering organization.
Apr 23, 2014 1:17PM

Gloucester Engineering expands bag machine rebuilding business

Extrusion equipment maker Gloucester Engineering Co. Inc. (GEC) has expanded and improved its rebuilding and retrofitting of old bag making machines.
Apr 23, 2014 11:21AM

Charged and ready: Engineering resins for electric and hybrid vehicles

As any blackjack player could tell you, doubling down involves a big risk. But it’s one thing to chance it at the local casino for half a day’s pay, quite another when careers, reputations, and hundreds of millions of dollars are on...
Apr 22, 2014 3:46PM

PolyOne to open new innovation center in China

Polymer supplier PolyOne Corporation is creating a new “Innovation Center” in Shanghai, China, to focus on research and development in the company’s specialty engineered materials business segment.
Apr 22, 2014 11:38AM

Brazilian auto parts maker Torcomp building first U.S. plant

A Brazilian car parts manufacturer is planning to begin construction in Pennsylvania later this month on its first facility in the U.S.
Apr 21, 2014 2:47PM

Demand growth in China helping drive domestic capacity investments in plastics: IHS

A robust demand for consumer products, housing and durable goods in China, which includes electronics, appliances, construction materials and autos, combined with an improving economy there, is driving increased domestic demand for plastics and...
Apr 21, 2014 1:57PM

Fluctuating loonie no big deal for most Canadian businesses: BMO poll

The fluctuating loonie might not have a big impact on most Canadian businesses after all, according to a new survey by the Bank of Montreal (BMO).
Apr 18, 2014 12:00PM

Negri Bossi sale may bring "significant manufacturing" of I/M machines to U.S.

Italy-based plastics equipment manufacturer Negri Bossi may “bring significant manufacturing of injection molding machines back to the United States” as a result of its acquisition by a joint venture formed by American private...
Apr 16, 2014 9:12PM

Industrial hose maker Norres establishing first North American facility

Germany-based industrial hose manufacturer Norres has announced plans to establish its first production facility in North America.
Apr 16, 2014 2:57PM

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