In the first quarter 2019, the study said, mold shops experienced a slight utilization increase of 2% compared to Q4 2018 (77% to 79%), while die shop utilization dropped drastically from 85% to 74% in the same time frame.
But only half of the moldmakers surveyed by the American Mold Builders Association believe business conditions in Q1 will increase, and only 10 per cent think their business will increase substantially over the next 12 months.
The Swiss-based mold steel supplier’s new sales centre in Buenos Aires is its fourth location in South America.
Called “AceConnex”, the show will take place in Mississauga, Ont. on May 9, and will address some of the common problems facing injection molders, blowmolders, extruders, and other plastic processors.
The 139,000-square-foot facility located in Hwaseong is Brampton, Ont.-based StackTeck’s first moldmaking plant outside of North America.
The new 70,000-square-foot office in Macomb will also house manufacturing operations.
Headquartered in California, Pacific Plastics Injection Molding offers custom plastic injection molding as well as design and custom moldmaking services.
Oles’ former consulting company ROI Group has also been merged with Torrence, Calif.-based Alba to expand its product portfolio.
This Concord, Ont.-based engineering and design consulting firm is rewriting the book on mold heat removal by 3D printing inserts with complex cooling channels that can dramatically cut cycle times and consolidate manufacturing processes. And it might just be the kick in the pants that Canada’s plastics processors need to start kicking butt globally.
The expansion of the West Boylston, Mass. facility will allow the toolmaker to better serve its customers in the U.S. and Canada.
The drop in spending is directly related to reduced launches from the Detroit Three automakers, the new report from market research firm Harbour Results says.
Managing director Louis Hébert is retiring at the end of 2018; René Eisenring with replace him as the new general manager, effective January 1, 2019.
Flack, the CTMA’s former vice president, has over 28 years of experience in the Canadian tooling industry.
The Brampton, Ont.-based company has invested $1.5 million so far in 2018 on equipment for the development of prototypes, including close tolerance milling and turning machines, universal grinders, and three- and five-axis mills.
Pipersville, Pa.-based Hawk is now a DME exclusive North American East Coast distributor and warehouse.
The Elmira, Ont.-based company’s expansion into Western Canada will be led by its new sales and operations manager Warren Nordquist.
According to the Q2 2018 Automotive Tooling Barometer, both die and mold shops in North America experienced a decrease in utilization from Q1 2018 to Q2 2018, with a significant amount of business being pushed to the second half of the year.
Automotive tooling demand looked strong through the first quarter of 2018, although payment times are getting longer, a new report from Harbour Results Inc. and the Original Equipment Suppliers Association says.
The Windsor, Ont.-based moldmaker has introduced a new hands-on program to train high school students for the moldmaking profession.
Custom machinery and a collaborative approach helped Integrity bring more business back to its Windsor, Ont. HQ and expand its facility in Queretaro, Mexico.