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3 Takata execs to plead guilty to U.S. price fixing charges


November 22, 2013 10:15 am ET

DETROIT — Three midlevel executives of Japanese supplier Takata Corp. will each plead guilty to one felony charge of conspiracy to fix the price of seat belts in cars built in the United States for Japanese automakers, the U.S. Department of Justice said this week.

JM Eagle potentially liable for billions in damages


November 18, 2013 12:54 pm ET

JM Eagle faces billions of dollars in damages following a federal jury’s decision that North America’s largest manufacturer of PVC pipe knowingly sold substandard product to government entities for water and sewer systems from 1996-2006.

Kraiburg Asia tries new packaging to stop ‘many’ cases of counterfeiting


November 18, 2013 10:36 am ET

Hoping to combat “many” instances of counterfeit versions of its resins, the Asian unit of German thermoplastic elastomer producer Kraiburg TPE GmbH & Co. is introducing souped-up packaging with hologram labels and other protections designed to frustrate the copycats.

JM Eagle found liable for faulty PVC pipes


November 15, 2013 12:30 pm ET

A California jury found J-M Manufacturing Inc. knowingly manufactured and sold substandard PVC pipes to government entities for water and sewage systems across the country from 1996 to 2006.

Formosa, plaintiffs await judge's ruling on $22.5M settlement


November 4, 2013 7:10 pm ET

Formosa Plastics Corp. USA (FPC-USA) and scores of government entities that allege they were sold defective PVC pipes for sewer systems from 1996-2005 have agreed to a $22.5 million settlement in a whistle-blower lawsuit.

FTC cracks down on biodegradability claims


October 30, 2013 10:31 pm ET

The U.S. Federal Trade Commission has taken aim at five plastics companies, alleging they used false or misleading claims of biodegradability. But one of those companies plans to fight the charges, saying it will win in the long run.

Filos pleads innocent, released on bond


October 25, 2013 1:52 pm ET

Christopher Filos, charged in connection with allegedly not paying more than $260,000 in state and local taxes withheld from employees of the shuttered HPM plant in Mount Gilead, Ohio, made two court appearances in Morrow County Common Pleas Court.

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