Business

Cascadia Custom Molding Acquired by Blue Point Capital Partners

Mar 31, 2021

The acquisition will broaden the manufacturing capabilities and expand the geographic footprint of Blue Point IV portfolio company, VRC Engineered Solutions.

EVs and ICE Vehicles Will Need to Share the Road for a Long Time

Mar 30, 2021

A total switchover to electric cars is a long way off. One of the many challenges for manufacturers is profitability, pure and simple.

Business Is Booming in China . . . Again

Mar 30, 2021

China saw 2.1% growth in 2020, an amazing accomplishment given that the economy was shut down for nearly six months. And this year, the World Bank projects 7.9% growth for the "world’s factory."

Additive Manufacturing Continues to Grow Despite Pandemic, Reports Wohlers

Mar 26, 2021

Although the rate of growth declined compared with previous years, the additive manufacturing industry expanded 7.5% last year, reaching a value of $12.8 billion.

Your Approach to Costing Might Be Killing Your Business, Part 2: The Simplified Standard Costing Method

Mar 24, 2021

The simplified standard costing method provides greater detail on a production run than any other costing method, confirming which production metrics are good while identifying those needing improvement.

Lordstown Motors’ Stunning Order Numbers Called a Mirage

Mar 22, 2021

Hindenburg Research alleges that Lordstown’s order numbers are a “largely fictitious” prop for raising investment capital and claims that the company has “no revenue and no sellable product.”

Talent Talk: Salary Inflation for Plastics Professionals on the Horizon

Mar 22, 2021

There is currently a supply-and-demand imbalance in many parts of the economy, including in the labor pool of experienced plastics professionals.

UAW Challenges Ford’s Decision to Build EV Plant in Mexico

Mar 19, 2021

The union accuses Ford of reneging on a contract committing to further investment and the addition of a next-generation product at the Avon Lake, OH, plant.

Series of Unfortunate Events Hobbles Honda and Toyota

Mar 19, 2021

Honda is suspending North American auto production for one week, and Toyota will scale back operations at its US and Mexico plants. Chip shortage and pandemic- and weather-related disruptions are blamed.

Synova and Technip Energies Enter into Strategic Partnership

Mar 17, 2021

The agreement aims to commercialize Synova’s advanced plastic waste-to-olefins technology in conjunction with Technip Energies’ steam-cracking expertise.

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