Randolph County commissioners and the Asheboro City Council approved a $1 million economic incentive package for a homegrown company Technimark, which has plans to expand its operation. Technimark would create 224 new full-time jobs and invest $46 million as part of the deal. Technimark
Müller, the Swiss specialists for injection molding and IML automation, worked with Uniplast, a provider of PP packaging for dairy products, on the product development of the ‘SKET cup.’ Müller cooperated closely with the engineering department of the Knauer Group in Dettingen, the German
Husky Injection Molding Systems continues to expand its hot runners and controllers business to meet the growing needs of its customers. Having established its hot runners and controllers business as a strategic priority early in 2013, Husky is now focused on developing innovative products and
Private equity firm Oak Hill Capital Partners has completed its acquisition of Berlin Packaging, a supplier of rigid packaging products and services in North America. Oak Hill invested in partnership with Berlin Packaging’s current management team, led by chairman and CEO Andrew Berlin, who
Injection molding firm Proto Labs Inc. opened a $19 million manufacturing plant in Plymouth while also announcing that it acquired a 3-D printing firm that will add $10 million to its annual sales. The $37 million acquisition of Raleigh, N.C.-based FineLine Prototyping Inc. gives Proto
Nova Chemical has announced a range of new caps and closures equipment purchases and lab upgrades as part of its transformation of its Center for Performance Applications in Calgary. A new lab-scale injection molding unit is now fully commissioned and in operation. The company’s
The Treffert Group, a supplier of masterbatches and specialty compounds, has added a twin screw extruder from Coperion, a leader in compounding systems, feeding technologies, and bulk materials handling systems and services, to its production line. Treffert has installed the machine at its French
Federal, state and local elected officials, business leaders, customers, suppliers, company managers and staff are expected to attend an invitation-only grand reopening and reception at the newly expanded GI Plastek facility on Wickers Drive on Wednesday, Sept. 10. The ceremony, to begin at 11
The future of plastic manufacturing in the United States is far from certain, but many trends are beginning to take shape. From the accelerating pace of 3D printing innovation to new production procedures, plastic manufacturing will likely continue to be a strong yet steadily
Imperial Plastics has purchased the privately-owned Engineered Polymers Corp. in Mora, Minn., with terms not disclosed. The deal gives Lakeville-based Imperial a 400,000-square-foot factory that includes 27 plastic injection and foam molding machines. The enormous machines, which can tower 15 feet high and span 30
