Business news Archive
The number seven seems to be special for European plastics machinery makers at the moment — injection press giant Engel Holding GmbH said Oct. 15 that sales this year will likely go up 7 percent, the same increase that rival Wittmann Battenfeld GmbH projected
U.S.-based packaging equipment maker Hayssen Flexible Systems has purchased Italy’s Schib Packaging S.r.l, a producer of horizontal flow-wrapping machines as well as automatic feeders and automated wrapping systems. “The addition of Schib Packaging increases Hayssen Flexible Systems’ range of packaging machinery solutions to better
The new Ford 3.5-L and 3.7-L engine manifold uses a cross-over coolant component made of DuPont Zytel HTN PPA (polyphthalamide) resin instead of brazed metal, shaving one pound to improve fuel economy. Behind the scenes, the running change illustrates the trend toward using high
Atkore International Inc. of Harvey, Ill., has acquired PVC conduit maker American Pipe & Plastics Inc. of Kirkwood, N.Y., which serves the telecommunications, cable TV, power and fiber optic infrastructure markets, for an undisclosed sum. The acquisition strengthens Atkore’s position in the PVC market,
Rigid packaging injection molder Technimark LLC has opened its third manufacturing plant in Mexico, investing $5 million in a new 93,000 square-foot facility in Silao, 216 miles northwest of Mexico City. Technimark, which now runs six plants overall on three different continents, is also
Husky Injection Molding Systems continues to expand its hot runners and controllers business to meet the growing needs of its customers. Having established its hot runners and controllers business as a strategic priority early in 2013, Husky is now focused on developing innovative products and
Private equity firm Oak Hill Capital Partners has completed its acquisition of Berlin Packaging, a supplier of rigid packaging products and services in North America. Oak Hill invested in partnership with Berlin Packaging’s current management team, led by chairman and CEO Andrew Berlin, who
Injection molding firm Proto Labs Inc. opened a $19 million manufacturing plant in Plymouth while also announcing that it acquired a 3-D printing firm that will add $10 million to its annual sales. The $37 million acquisition of Raleigh, N.C.-based FineLine Prototyping Inc. gives Proto
Nova Chemical has announced a range of new caps and closures equipment purchases and lab upgrades as part of its transformation of its Center for Performance Applications in Calgary. A new lab-scale injection molding unit is now fully commissioned and in operation. The company’s
The Treffert Group, a supplier of masterbatches and specialty compounds, has added a twin screw extruder from Coperion, a leader in compounding systems, feeding technologies, and bulk materials handling systems and services, to its production line. Treffert has installed the machine at its French
