Engel is forecasting a six per cent increase in earnings over last year, with Germany representing the “lion’s share” of the sales.
Wheeler’s 60-year career was spent entirely with Pawcatuck, Conn.-based extrusion equipment maker Davis-Standard LLC, where in the early 1980s he patented the well-known DSB screw design.
The plastics recycling machinery maker is returning to a normal production level following a major fire on Sept. 10 at its plant and headquarters in Meckesheim, Germany.
The purchase is designed to expand Sidel’s packaging portfolio in containers for water, soft drinks, liquid dairy products, and beer.
The German processing machinery maker is also expanding its business model as well as digital services and products, and introducing a new speed-to-market program for European customers.
Called the “King of Chemicals”, the Romanian-born Farber moved to the U.S. and founded ICC Chemical Corp. in the 1950s, which played a key role in developing logistics and shipping expertise for the global movement of bulk chemicals.
Founded in 2008 by Rodney Brooks, a professor at the Massachusetts Institute of Technology, Rethink was known for its Baxter and Sawyer cobots.
Recycling industry pioneer Emmie Leung, the founder and CEO of Emterra Group, is the Leader of the Year for 2018.
Monroe replaces Dick Doyle, who has announced his retirement for the end of 2018 after leading the Washington, D.C.-based association for the past seven years.
Profile Plastics, of Lake Bluff, Ill., took the top awards for its medical cart enclosure application.
Headquartered in Addison, Ill., Transparent Container designs and manufactures blister and club packaging, clamshells, and printed plastic and paperboard folding cartons.
The investment involves the installation of Davis-Standard’s fourth CNC machining centre, which will enable the company to increase feedscrew production by over 25 per cent.
A new machine learning solution developed by Montreal-based AxiPolymer Inc. is designed to make it easier for large-sized plastics processors to embrace artificial intelligence.
For the fifth consecutive quarter, plastics machinery shipments in North America continued to increase in the second quarter of 2018, according to the statistics compiled and reported by the Plastics Industry Association’s Committee on Equipment Statistics.
The assets of polyethylene pipe producer Uponor Infra Ltd. have been acquired by Wynnchurch Capital LLC for $62.5 million and renamed as Infra Pipe Solutions Ltd.
Booming sales, a recent relocation into a bigger plant, and a deep dive into making larger granulators all signal the start of a new era for this Southern Ontario-based size reduction equipment manufacturer.
Fortune Brands Home & Security, a home and security products company, acquired Fiberon for US$470 million, and plans to make it part of its new Doors & Security segment.
The Chester, N.S.-based company has received multiple orders from Canadian and American processors for its new GN800 Thermoformer, and expects further increased business activity over the next several months in the U.S, Mexico, and the Caribbean.
Custom Extrusion is a profile extruder with facilities in Sheffield, Mass. and Asheboro, N.C.
Created by Mississauga, Ont.-based packaging design firm KBS Impact Inc., the lids can save container weight – and costs – by using a peelable in-mold label that that acts as a tamper-evident seal.