MUTTENZ, SWITZERLAND (Jan. 2, 10:30 a.m. ET) — Clariant, the Swiss-based specialty chemicals group, has sold off a number of its non-core operations to a U.S. private equity firm for 502 million Swiss francs ($550 million).
In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.
Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.