A sharp drop in Detroit Three sales pulled purchases below 1.9 million units for the first time in over three years, a new report from Scotiabank said.
A 30-year finance veteran, McCarthy will oversee all aspects of the global packaging supplier’s financial functions, and will be based out of the company’s office in St. Louis.
The $50,000 scholarship marks the 50th anniversary of Nova’s Geismar olefins facility.
And the American Chemistry Council is also calling on U.S. President Donald Trump to use the agreement to cancel tariffs on steel and aluminum.
The competition calls for entries from students around the world, with the winner to be announced during the 2019 Los Angeles Auto Show.
Canadian auto sales contracted by 1.9% year-over-year for an eighth consecutive month of annual declines in October, Scotiabank’s latest Global Auto Report says, but ticked up by 3.1% from September in seasonally-adjusted terms.
The acquisition is part of Covestro’s expansion plan for its TPU business.
Shuttering the Oshawa plant represents a loss of about 10 per cent of Canada’s auto parts industry, said APMA head Flavio Volpe.
Yakima, Wash.-based Thermoforming Systems LLC makes equipment for the North American food packaging industry.
Oles’ former consulting company ROI Group has also been merged with Torrence, Calif.-based Alba to expand its product portfolio.
The Austrian blow molding machine maker has just sold a unit to its second American customer, pet industry provider Moderna Products.
Headquartered in Germany, Schwartz manufactures impact-resistant plastics and large-sized and complex components made of materials such as nylon and acetal.
The plant, which employs more than 2,500 workers, produces cars such as the Chevrolet Impala and the Cadillac XTS.
Fred Heptinstall, the company’s CEO, is stepping down effective December 31 of this year; Gideon Feiner will serve as CEO until a replacement is found.
The agreement will give M. Holland’s industrial manufacturing clients access to the expanding BASF 3D product portfolio.
The Houston-based polymer reseller and distributor has named Daniel Peretz as its new commercial director for Canada.
The new contract builds upon Nestlé Waters’ existing relationship with CarbonLITE, and calls for CarbonLITE to build a new recycling facility in Pennsylvania.
The Toronto-based specialty label and packaging supplier is buying label converters and tape makers Unilogo, Hinsitsu Screen (Vietnam) Co. Ltd., and Olympic Holding B.V.
Italy-based Gimatic will operate as a business unit within Barnes Group’s industrial segment.
The deal, which is part of Ashland’s plans to focus on specialty chemicals, also includes the sale of its butanediol manufacturing facility in Marl, Germany.