Business

With a capacity of 15,000 tonnes per year, the facility is expected to become operational in early 2023.

The $10-million, 121,000-square-foot expansion will be followed by the addition of more manufacturing space, slated to begin in the spring of 2022.

The injection molding and contract manufacturing company is celebrating its 100th anniversary by distributing $15 million worth of bonuses to workers in all of its US plants.

A study by Harbour Results reports that 2020 automotive vendor tooling spend in North America will be $6.4 billion less than originally forecast and 31% below the $9.3 billion total in 2019.

On the day that Hindenburg Research released its report accusing Loop Industries of fraud, a class action lawsuit was filed against the advanced recycling technology company.

The acquisition furthers Barentz’s strategy of becoming a global leader in the life science and broader specialty chemicals industries.

“By designating plastics as ‘toxic,’ the Canadian government is recklessly making policy that could have significant negative impacts on human health,” said Plastics Industry Association President and CEO Tony Radoszewski.

The US plastics industry accounted for an estimated $432 billion in shipments and more than one million jobs in 2019, according to the "2020 Size & Impact Report" from the Plastics Industry Association.

The international partnership with Ireland-based JL Goor marks M. Holland’s first formal business venture in Europe.

PVOH bags, sachets, and pouches fabricated from EcoSol film provide a convenient, safe, and economical delivery system for a range of products.