JONESBORO, ARK. — Hytrol Conveyor Co.'s Employee Stock Ownership Plan, set up 25 years ago by company founder Tom Loberg and his partner Phil Jones, has purchased shares in Hytrol.
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.