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W&H opens subsidiary in China


March 27, 2014 1:41 pm ET

Windmöller & Hölscher KG, the German manufacturer of blown and cast film and printing presses, has set up a subsidiary in China to handle sales, spare parts and service along with maintenance and repair.

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Engel to open second plant in China


March 27, 2014 12:50 pm ET

Engel Holding GmbH, the Austria-based maker of injection molding machines and robots, will open a second plant in China — an operation in Changzhou to make injection presses, auxiliary equipment and drive systems.

Lear opens Asia headquarters in Shanghai


March 27, 2014 9:08 am ET

Lear Corp. opened its new Asian headquarters and regional technical center March 12 to support its fast-growing business in the region.

Cooper Standard takes on global expansion


March 27, 2014 8:40 am ET

Cooper Standard Automotive Inc. is opening 2014 with growing expectations, on the heels of a successful 2013 that saw its sales increase by $200 million to $3.1 billion.

Haitian reports record sales and profit on 'mild' recovery in China


March 26, 2014 2:52 pm ET

Chinese injection press maker Haitian International Holdings Ltd. said a modest recovery in China’s plastics industry last year and the release of the next generation of its molding machines pushed sales up 13.7 percent, to a record 7.2 billion Chinese yuan (US$1.17 billion).

Chinese PVC maker posts loss, former leader faces criminal charges


March 25, 2014 9:36 am ET

China's Sichuan Jinlu Group Co. Ltd. reported annual net loss of 174 million yuan ($30 million) in 2013, citing natural disasters and the fall of its former chairman as “worsening factors.”

Ineos fears wave of copycat acrylonitrile factories


March 24, 2014 1:45 pm ET

Ineos Group AG claims there are at least three new acrylonitrile factories being built in China that are illegally using its technology, and it defended its high-stakes lawsuit against Chinese state-owned petrochemical giant Sinopec by saying it feared a wave of copycat factories there would threaten the future of its business.

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Evco to build $4 million factory for medical, precision molding


March 21, 2014 1:00 pm ET

Injection molder Evco Plastics plans to invest at least $4 million in a new facility in China, which the company says will help it better target opportunities for medical and precision part manufacturing and handle the rising costs along with...

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Ineos sues Sinopec for trade secret violations, fears 'major harm' to its acrylonitrile business


March 21, 2014 12:15 am ET

Ineos Group AG is suing Chinese state-owned oil and petrochemical giant Sinopec, accusing the Chinese company of violating Ineos intellectual property and misusing trade secrets to build acrylonitrile factories.

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Email fraud plagues Ohio company trying to recover $500,000 payment


March 20, 2014 1:52 pm ET

Wrap-Tite is building nearly $5 million expansion while trying to chase down a $500,000 wire transfer stolen by a scammer.

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