As editor of Plastics News, I scan scores of Web sites, emails and news releases daily, and stay in constant touch with our network of global staff reporters and correspondents -- the largest reporting team in the plastics industry. I distill the more interesting items into commentary for this blog. Plastics News, part of Crain Communications Inc., began publishing weekly news in 1989, and launched a bilingual China site in mid-2005. In 2007, Crain acquired the two leading English-language plastics publications in Europe - Plastics & Rubber Weekly and the monthly European Plastics News.
Bloomberg is reporting that MGA Entertainment Inc., the parent company of rotational molder Little Tikes Co., is considering an initial public offering.
The story quotes MGA CEO Isaac Larian, saying "'The toy market is going to grow very well, and the outlook is fantastic."
Toy companies are reporting strong results. A few weeks ago, Lego A/S said its 2009 profit rose 63 percent, and sales were up 22.4 percent, compared to 2008.
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