EPC acquiring plant from bankrupt Blue Water
ST. CLAIR, MICH. (Aug. 28, 3:20 p.m. EDT) -- Blue Water Automotive Systems Inc., which entered Chapter 11 protection in February, has reached a deal to sell one of its Michigan plants to Engineered Plastic Components Inc.
Auto supplier Cadence files for Chapter 11
TROY, MICH. (Aug. 26, 1:40 p.m. EDT) -- Auto supplier Cadence Innovation LLC, which was created out of the remnants of a bankrupt molder, has filed for Chapter 11 protection with the U.S. Bankruptcy Court in Wilmington, Del., citing rising resin costs and a faltering North American auto market.
Plastics charging automakers’ futures
TRAVERSE CITY, MICH. (Aug. 25, 11:15 a.m. EDT) -- For years, U.S. auto industry leaders fretted about higher federal fuel consumption standards. Turns out they were worried about the wrong thing. Consumer demand for smaller, lighter and more efficient cars is outpacing any standards the federal government has proposed.
Toyota supplier’s mantra: ‘adapt quickly’
TRAVERSE CITY, MICH. (Aug. 25, 11:05 a.m. EDT) -- Ten months into planning its new plant in Tupelo, Miss., to supply interior parts for Toyota’s Highlander sports utility vehicle, Toyota Boshoku America Inc. received word that the carmaker had changed its mind.
IAC chief touts in-house work to save money
TRAVERSE CITY, MICH. (Aug. 25, 11 a.m. EDT) -- International Automotive Components North America is using its plastics capabilities to gain a little breathing room from troubled suppliers and higher resin costs.
ExxonMobil sees TPV auto niche growing
AKRON, OHIO (Aug. 25, 10:44 a.m. EDT) -- Growing concerns about energy savings and gas mileage are helping push Santoprene-brand resin into the automotive weather seal market.
Aussie team creating fuel cell with plastics
MELBOURNE, AUSTRALIA (Aug. 25, 10:40 a.m. EDT) -- Researchers at Monash University are partway to developing a cheaper, longer-lasting hydrogen fuel cell by substituting a conductive plastic for traditional platinum electrodes.
Mann+Hummel bolstering global reach
TRAVERSE CITY, MICH. (Aug. 25, 10:25 a.m. EDT) -- Ludwigsburg, Germany-based Mann+Hummel GmbH is restructuring as part of a global growth plan that involves expanding into new markets while developing new products for existing customers.
Jyco expands use of TPV seals
DEXTER, MICH. (Aug. 25, 10:15 a.m. EDT) -- Jyco Sealing Technologies already has helped lead the shift from rubber to thermoplastics for automotive weather seals. Even as company expands its existing business, it is looking to the next wave for thermoplastic vulcanizate seals.
Auto suppliers seek edge with automation
ROCHESTER HILLS, MICH. (Aug. 25, 10:05 a.m. EDT) -- Times are tight, the auto industry, but some are eyeing automation and improvements to their operations that will help them get more out of their machines, their resin and their employees.
Auto industry execs sound off on suppliers
TRAVERSE CITY, MICH. (Aug. 25, 10 a.m. EDT) -- Automotive executives speak out on the issue of suppliers during the industry´s Management Briefing Seminars in Traverse City.
OESA to host plastics conference
TROY, MICH. (Aug. 25, 9:50 a.m. EDT) -- The U.S. auto industry’s Original Equipment Suppliers Association will host a “state of the plastics industry” conference Aug. 27, focusing on the problems facing plastic suppliers.
Delfingen shuttering two Texas plants
EL PASO, TEXAS (Aug. 22, 3:05 p.m. EDT) -- Delfingen U.S. Inc. is closing two plants in Texas: one in El Paso and another in San Antonio. About 94 employees of the tubing maker will lose their jobs.
Schulman may sell Invision sheet business
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FAIRLAWN, OHIO (Aug. 18, 12:30 p.m. EDT) -- A. Schulman Inc. has placed its Invision-brand sheet business on the selling block. Officials with Fairlawn-based Schulman — a major compounder — said in an Aug. 18 news release that the firm “is seeking a joint venture partner or other strategic arrangements” for the business.
Blue Water, in last-ditch talks, names closing date
MARYSVILLE, MICH. (Aug. 15, 2:55 p.m. EDT) -- Blue Water Automotive Systems Inc. said this week it will shut down its U.S. molding operations as of Aug. 29. Still, sources say Blue Water is continuing talks with potential buyers in last-minute attempts to keep at least one factory open.
