Featured Articles

Plastics packaging: Silgan acquires plastic closure manufacturer IPEC Global

By PlasticsToday Staff
Published: December 20th, 2010

Silgan Holdings Inc. (Stamford, CT), a supplier of consumer goods packaging products, acquired IPEC Global Inc., a plastic closure manufacturer serving primarily the North American dairy and juice markets. IPEC had sales of approximately $35 million for the last 12 months, and is headquartered in New Castle, PA. The purchase price was funded through available cash on hand, and the transaction is expected to be slightly accretive to earnings in 2011.
   

Ron Schroeder, EPCO co-founder, dies at 78

By PlasticsToday Staff
Published: December 20th, 2010

Ron Schroeder, whose efforts were instrumental in creating the market for refurbished plastics processing machinery, passed away on December 17, 2010 from complications of a rare form of Parkinson's disease. He was 78.

Schroeder was co-founder and long time president of EPCO. He is survived by his wife of 57 years, Dee; their daughters, Judy and Ann, and son, Steve; and their spouses. He enjoyed time with his seven grandchildren and one great-grandchild.

Composites: Delcam's 35,000th PowerMill user is very ship-shape

By PlasticsToday Staff
Published: December 20th, 2010

Many of us use Delcam PowerMill CAM software to make molds and dies. However, recently initiated user number 35,000 is different, employing the CAM package to program robots that make components for large, expensive, performance yachts.

Onex mulls IPO, sale for Husky

By PlasticsToday Staff
Published: December 17th, 2010

Canadian private equity firm, Onex (Toronto) is weighing an initial public offering (IPO) for its portfolio company, Husky Injection Molding Systems Ltd. (Bolton, ON), according to various media reports. The Wall Street Journal, following on a story by Bloomberg, is reporting that Onex is considering a "dual-track" process to move the maker of injection molding machinery, hot runners, and tooling, either seeking another private equity buyer or initiating an IPO. 

Plastic pallets take on wooden pallets in Intelligent Global Pooling Systems lawsuit

By Clare Goldsberry
Published: December 17th, 2010

It appears that Intelligent Global Pooling Systems (iGPS) has had enough. The company, which offers a pallet rental service providing all-plastic pallets with embedded RFID (radio frequency identification) tags, filed suit on Dec. 10 against the National Wooden Pallet & Container Association (NWPCA) and its President and CEO, Bruce N. Scholnick, in the District Court of Dallas, TX.

Alpha Packaging acquires Progressive Plastics in blowmolding buyout

By PlasticsToday Staff
Published: December 17th, 2010

Blowmolded packaging manufacturer Alpha Packaging has acquired Progressive Plastics, exploiting newly gained private equity backing from Irving Place Capital, which purchased Alpha in September. Alpha Packaging's acquisition of Progressive Plastics also builds on its own recent addition of two-stage polyethylene terepthalate (PET) injection stretch blowmolding.

Lawsuit against plastic pipe manufacturer JM Eagle suffers more apparent setbacks

By Clare Goldsberry
Published: December 17th, 2010

Following on the heels of the state of Delaware’s withdrawal from the qui tam lawsuit against global plastic pipe manufacturer JM Eagle in early October, U.S. District Court Judge George H. Wu issued rulings on Dec. 7, granting various motions to dismiss, making it more difficult for the plaintiff’s lawyers, Phillips & Cohen LLP, to pursue its whistleblower case against the company. 
   

U.S. manufacturing technology consumption drops slightly for October

By PlasticsToday Staff
Published: December 17th, 2010

The Association for Manufacturing Technology (AMT) and the American Machine Tool Distributors’ Association released their joint U.S. Manufacturing Technology Consumption (USMTC) report for October 2010, and so far so good for this year. October U.S. manufacturing technology consumption totaled $387.13 million, which was down 2.5% from September, but up 154.9% when compared with the total of $151.86 million for October 2009. With a year-to-date total of $2.477 billion, 2010 is up 83.2% compared with 2009.

New director of international trade joins SPI

By PlasticsToday Staff
Published: December 17th, 2010

SPI: The Plastics Industry Trade Association (Washington, DC) has named Michael Taylor to the post of senior director of international trade. In that role he will advance SPI's international trade positions before government officials and other policy makers as part of SPI's advocacy team.

With new R&D center, Clariant plans to create a “powerhouse of innovation”

By Matt Defosse
Published: December 17th, 2010

During a gathering this week at the Hoechst Industrial Park on the fringes of Frankfurt, Germany, Hariolf Kottmann, CEO at chemicals and additives supplier Clariant, told the gathered guests that the company will invest more than €50 million ($66 million) in a new "innovation center" in the Park, bringing together the company's R&D and product development personnel in a move he hopes will help propel the company into a "powerhouse of innovation."

Syndicate content

© 2011 UBM Canon | please visit these other sites

UBM Canon | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Appliance Magazine | Powder Bulk Solids | Canon Trade Shows