Business news Archive
Federal, state and local elected officials, business leaders, customers, suppliers, company managers and staff are expected to attend an invitation-only grand reopening and reception at the newly expanded GI Plastek facility on Wickers Drive on Wednesday, Sept. 10. The ceremony, to begin at 11
Imperial Plastics has purchased the privately-owned Engineered Polymers Corp. in Mora, Minn., with terms not disclosed. The deal gives Lakeville-based Imperial a 400,000-square-foot factory that includes 27 plastic injection and foam molding machines. The enormous machines, which can tower 15 feet high and span 30
With more than 500 guests in attendance, injection molding machine builder Engel (Schwertberg, Austria) officially opened its its new production plant in Changzhou in mid-September. Wintec Engel Machinery (Changzhou) Co., Ltd., which was founded in April, targets a growing market in Asia with its
Extrusion plastics blow molder, Apex Plastics, announced the opening of its newly remodeled and expanded manufacturing facility at 570 S. Main Street in Brookfield, Missouri. The expansion includes 2,000 sq. ft. of additional office space and 2,500 sq. ft. of added warehouse and production space.
Hong Kong-based mold maker and plastics processor TK Group (Holdings) Ltd. said it’s reached a tentative agreement to buy a tooling factory in Shenzhen from a multinational company, which it said is needed to expand capacity. While TK declined to identify the seller beyond
M.R. Mold & Engineering Corp. of Brea, Calif., has upgraded its injection molding capability to enhance testing and sampling of customer molds prior to shipment. The firm took delivery Sept. 4 of a 110-ton Arburg 470A horizontal press that is equipped for thermoplastic and
A new automotive parts manufacturer will open in Querétaro, Mexico, through a joint venture between Canadian automotive supplier Papp Plastics and Distributing Ltd. and Querétaro’s Inplax SA de CV. Mex-Can Plastics S.A.P.I. de CV will house 12 injection molding machines with clamping force of
Japanese auto parts producer Toyoda Gosei says it has successfully mass produced integrally moulded lightweight plastic water pipes with its material and production technologies. It is the first time that the parts have been manufactured in Japan using water-assisted injection moulding (WIM). The company
Germany-based chemical giant, BASF, has announced the launch of its new butadiene extraction plant at its Verbund site in Antwerp, Belgium. The company states that the plant has an annual production capacity of 155,000 tonnes. The new plant more than doubles BASF’s current production
According to the new research report “Biodegradable Plastics Market by Type (PLA, PHA, PBS, Starch Based Plastics, Regenerated Cellulose, PCL), by Application (Packaging, Fibers, Agriculture, Injection Molding) – Global Trends and Forecasts to 2019”, defines and segments the global biodegradable plastics market with an