Made necessary by steady growth, the company added additional offices, a larger conference room and a break room to its HQ in Norton Shores, Mich.
Rising demand across several vertical industries, such as packaging and food and beverages, is expected to drive growth, the new report from BCC Research says.
As they hit a milestone, the owners of rotational molder Techstar Plastics look back on four decades of stress and success.
Wallace succeeds retiring managing director Joe Ottenhof, who will take a seat on the company’s board of directors.
Sears, age 78, started drying system manufacturer Dri-Air in 1985, and was a noted authority on the science of drying technology and applications and held several patents.
The US$51 million expansion in Auburn Hills, expected to create 100 jobs, will be used for engineering, product development, manufacturing, and warehousing.
Record sales driven by nine per cent consumables growth highlights a solid second quarter, the company said.
Parts entered in the competition will be on display during the 26th SPE Thermoforming Conference, which will be held on Sept. 24 to 26 at the Fort Worth Convention Center in Fort Worth, Tex.
In its sixth acquisition in four years, Canadian packaging product supplier Intertape Polymer Group is buying protective packaging maker Polyair Inter Pack Inc., which has corporate headquarters in Montreal and Sarasota, Fla., for US$146 million.
First announced last month, the deal includes five manufacturing facilities.
The preliminary estimate of shipments of primary plastics equipment (injection molding and extrusion) for reporting companies totaled US$333 million in the first quarter – 15 per cent higher than the total US$290 million in Q1 of 2017.
The blow molding machine maker – which has been located in Richmond Hill, Ont. since 1999 – will move into a 34,000-square-foot Bolton facility on Aug. 1.
Mississauga, Ont.-based auxiliary equipment maker Hamilton Plastic Systems is reinventing itself by expanding its product offerings and making a deep dive into the American marketplace.
Austria-based injection molding machiner maker Engel Group is establishing what it calls a “decentralized” network of mold experts in its sales regions – including North America – to customize its products for the regional characteristics of various markets.
Recipe Unlimited – which owns these and other chains – plans to eliminate plastic straws from its entire restaurant network by March 2019, to be replaced by paper straws.
Japan-based injection molding machine maker Sumitomo (SHI) Demag Plastics Machinery GmbH has just started what it calls an “extensive investment program” at its two German locations.
The Chamber of Industry and Commerce Koblenz, Germany, recently presented the family business with a Certificate of Honor for the 50th anniversary of Dr. Boy GmbH & Co. KG.
Viking said the purchase of Indiana-based genesis adds to its current line of custom injection molded products and assemblies for the automotive, HVAC, and industrial markets.
Stowar, a 42-year industry veteran, has worked in technical sales for the Nucon and Wittmann organizations in Southern Ontario for the past 30 years.
Germany-based KraussMaffei said it will now be better placed to implement “Old for New” deals when plastic processors decide to replace machinery.