Chinese machinery maker Guangdong Yizumi Precision Machinery Co. Ltd. has outbid a competitor to acquire HPM’s intellectual property. On March 29, at the beginning of the two-day auction at HPM's shuttered 400,000-square-foot factory in Ohio, there was a short bidding war between Yizumi CEO Richard Yan and Dana Hanson, president of sheet extrusion line maker Processing Technologies International LLC. Plastics News cameras were there to record the proceedings.
Toolmakers support program providing iPads for wounded vets
May 10, 2013 12:34 pm ET
