The company has added four new injection molding machines and now offers value-added over-molding capabilities for catheter sub-assemblies. It has also hired a seasoned engineer to lead the over-molding operation in Sandy, UT.
The acquisition by 1315 Capital (Philadelphia) will help Biocoat (Horsham, PA) adopt a more aggressive and growth-oriented approach in the biomaterial coatings market for medical devices, a market projected to reach over $15 billion by 2021, said the company.
The goal of MGS (Germantown, WI) is to get involved early in customers’ product design processes and help improve design for manufacturability by resolving potential inefficiencies or challenges before a production tool is built.
The automaker has tied up with Carbon to expand collaboration to digitally manufacture new durable, end-use parts. It has also scored success with electric bus manufacturer Proterra in the production of low volume parts.
Nanotech company Black Diamond Structures (Austin, TX) produces and commercializes Molecular Rebar, a proprietary technology of modified carbon nanotubes that has the potential to enhance the performance of energy storage applications using lead-acid and lithium-ion batteries.
“Everyone from plastic producers to converters to brand owners to retailers are part of this effort. We need to ensure people have access to the benefits of plastics while we solve the problem of plastic waste,” said LyondellBasel CEO Bob Patel.
In spite of the plastics industry’s best efforts to help developing countries deal with their trash problems, as the Alliance to End Plastic Waste aims to do, nothing will satisfy environmental activist groups short of ridding the world of plastic, period.