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2009 Stimulus Program

MOST-READ STORIES

NPE moving to Orlando for 2012 and 2015 November 17, 2009
Study claims prenatal exposure to certain phthalates affects boys' behavior November 16, 2009
Berry buying Md. plant from Superfos November 16, 2009
Medical-device tax would cost millions November 16, 2009
Coke rolling out bottles made from plant materials November 16, 2009

MOST E-MAILED STORIES

NPE moving to Orlando for 2012 and 2015 November 17, 2009
Polypropylene, polystyrene, PVC and PET resin prices rise in November November 19, 2009
Report: Onex planning IPO for Husky November 15, 2009
Berry buying Md. plant from Superfos November 16, 2009
Foodservice packaging firm announces new acquisition November 16, 2009

MORE INJECTION MOLDING NEWS

Magna ends hunt for automaker, eyes suppliers 2009-11-06
Hong Kong molders target medical devices 2009-11-06
Mass. molder Apex Resource adding workers for medical jobs 2009-11-05
Injection molder Wright Plastics expanding in Michigan 2009-11-05
Breaking into medical device field has advantages and pitfalls 2009-11-05
Mexico Coke bottler saving money with lightweight preforms 2009-11-05
Delphi has new name following reorganization 2009-11-04
West restructuring will eliminate 100 jobs 2009-11-04
Closure Systems International planning plant in Bangalore 2009-11-03
GM cancels deal with Magna, decides to keep Opel 2009-11-03
North American processors on the long road back to economic stability 2009-11-03
Processors share survival strategies 2009-11-03
Auctions set for Visteon and CertainTeed plants 2009-11-03
Myers finalizes sale of two rubber businesses to Chinese buyer 2009-11-02
Chinese molders gear up for green materials 2009-10-30

Injection Molding

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Mexico holds its first trade show for processors

MEXICO CITY (Nov. 20, 10:30 a.m. ET) -- Mexico’s first Artiplast trade show, designed to showcase plastics processors, took place in the capital’s World Trade Center Nov. 18-20, attracting 120 exhibitors and about 3,000 visitors. The organizer, the Instituto Mexicano del Plástico Industrial SC, or IMPI, plans to turn the show into an annual event where small- and medium-sized companies can show off their wares and services. November 20, 2009

Venture Plastics adds presses in Ohio and Texas

NEWTON FALLS, OHIO (Nov. 20, 10:05 a.m. ET) -- Injection molder Venture Plastics, Inc. has invested about $600,000 in new presses for its plants in Newton Falls and El Paso, Texas. The expansion is the result of new business according to President Steve Trapp. November 20, 2009

Plumbing products firm builds energy-efficient molding plant

PANAMA CITY BEACH, FLA. (Nov. 20, 9:30 a.m. ET) -- Plumbing and water products manufacturer Coast Water Efficient Technology LLC is retrofitting a 90,000-square-foot facility in Panama City Beach that will serve as the company’s new corporate and manufacturing headquarters. The company is relocating from Pomona, Calif. to Panama City, and expects the new facility to be a model for energy-efficient injection molding plants. November 20, 2009

US firms tackle China's cosmetics market

HONG KONG (Nov. 18, 3:20 p.m. ET) -- Inoac Packaging Group Inc. believes its Shanghai molding plant is at the front of a trend in China’s cosmetics industry -- as local consumers spend more, domestic Chinese cosmetics manufacturers are forking out more for better packaging to appeal to them. Chinese cosmetics companies are turning to some Western molders to help upgrade their packaging in order to boost market share and attract premium prices. November 18, 2009

Autoliv buying Delphi passive safety business

STOCKHOLM, SWEDEN (Nov. 17, 12:30 p.m. ET) -- Swedish auto supplier Autoliv Inc. is buying Delphi Automotive LLP’s North American passive safety business, but will consolidate much of the production into its own plants. The deal announced Nov. 17 will include one steering wheel plant in Matamoros, Mexico, but other airbag and seat belt production will transition into existing Autoliv plants, Stockholm-based Autoliv said in a news release. November 17, 2009

Berry buying Md. plant from Superfos

EVANSVILLE, IND. (Nov. 16, 5:30 p.m. ET) -- Berry Plastics Corp. has signed a definitive agreement to buy Superfos Packaging Inc., a Cumberland, Md., injection molder of rigid open-top containers and other packaging products. Berry and its private equity owner Apollo Management LP will pay $82 million for the assets. The deal is scheduled to close by the middle of February. November 16, 2009

Foodservice packaging firm announces new acquisition

BUFFALO GROVE, ILL. (Nov. 16, 12:30 p.m. ET) — Mid Oaks Investments LLC is adding to its plastics packaging empire with the acquisition of C&M Fine Pack Inc. The deal, announced Nov. 16, adds another company that specializes in foodservice packaging to the Mid Oaks portfolio. Mid Oaks already owns Wilkinson Industries Inc. and Dispoz-o Products LLC. November 16, 2009

Greif expands in Europe with Swedish acquisition

DELAWARE, OHIO (Nov. 16, 11:50 a.m. ET) -- U.S. bulk packaging company Greif Inc. is expanding its presence in Europe with the acquisition of Hannells Industrier AB, a privately held manufacturer of plastic drums, pails and bulk containers for customers in the chemical and petrochemical industries. November 16, 2009

Taiwan cosmetic molder finds advantages in Mexico

HONG KONG (Nov. 13, 1:40 p.m. ET) -- Cosmetic molder HCP Packaging is building a factory in Mexico and putting a Chinese expansion on hold -- at least temporarily -- as it waits out the slowing economy and sees some North American customers push for more local manufacturing. The Taiwanese-owned company, which also has a strong manufacturing, marketing and design presence in the U.S. to serve global cosmetics brands, said it has seen signs recently that some North American customers prefer to have more of their manufacturing closer to home. November 13, 2009

Delphi headliner at SPE awards

LIVONIA, MICH. (Nov. 12, 8:45 p.m. ET) -- The news is in -- SPE tonight revealed the winners in its annual Automotive Innovation Awards competition. This year's grand prize goes to a radio housing developed by Delphi Automotive LLP and chosen by GM for use in its Tahoe sport utility vehicle. Numerous other parts and processes also were honored for their innovation. November 12, 2009

Nypro sells auto unit to Parkway Products

FLORENCE, KY. (Nov. 12, 4:55 p.m. ET) -- Parkway Products Inc. is boosting the capabilities and customer connections for its Enterprise Molded Products business unit through its purchase of a majority share of Nypro Inc.’s Marietta, Ga., operations. At the same time, the deal announced on Nov. 12 allows Clinton, Mass.-based Nypro to complete its gradual move out of the automotive business. November 12, 2009

French injection molder AdduXi expanding into North America

LIVONIA, MICH. (Nov. 12, 4:15 p.m. ET) -- French injection molder AdduXi SAS is expanding into North America with an office in the Detroit suburb of Livonia and plans for a molding facility in Alabama within two years. The company specializes in high precision, insert molding of auto electronics and other parts. November 12, 2009

Auto molder SRG picks Mich. for development center

WARREN, MICH. (Nov. 12, 4:10 p.m. ET) -- Auto supplier SRG Global Inc. has selected a site in Taylor, Mich., to house its Advanced Development Center. The 46,000-square-foot center will open in April, and will include injection molding capabilities to develop new parts for production globally. November 12, 2009

Lear posts profit after emerging from bankruptcy

DETROIT (Nov. 11, 6:40 p.m. ET) -- Lear Corp. swung into the black during the third quarter -- a quarter dominated by the company's rapid trip through the Chapter 11 bankruptcy process. Lear posted net profit of $24.6 million on sales of $2.5 billion. Though sales dropped 19 percent from $3.1 billion in the same period last year, the company swung from a net loss of $98.2 million. November 11, 2009

France's A. Raymond Group acquires Ohio fastener plant

ROCHESTER HILLS, MICH. (Nov. 11, 5:30 p.m. ET) -- A French maker of fastening and fluid-handling connection systems is studying the fate of a small fastener injection molding operation it acquired when it bought Tinnerman Palnut Engineered Products of Brunswick, Ohio. November 11, 2009

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