PU equipment maker Graco adding to portfolio with acquisitions

January 6, 2015 10:01 am ET

Minneapolis-based polyurethane and spray foam machinery maker Graco Inc. is buying the stock of Pennsylvania-based High Pressure Equipment (HiP) for $160 million and expects completion of the purchase during the first quarter of this year.


Haitian bringing its Jupiter II series to North America at NPE

December 31, 2014 9:52 am ET

NPE 2015 will mark the North American debut of the Haitian Jupiter II, as Absolute Haitian Corp. plans to show a Jupiter II with a clamping force of 730 tons at the trade show.


Engel to host technology symposium at California technical center

December 30, 2014 9:34 am ET

Engel Holding GmbH's North American unit will hold a technology symposium at its technical center in Corona, Calif., on Jan. 14.


Motion Controls Robotics expands

December 24, 2014 10:05 am ET

Motion Controls Robotics Inc. is expanding its Fremont, Ohio, facility to keep pace with a surge in demand for automation.


Yizumi finally gets green light for IPO

December 23, 2014 10:16 am ET

Press maker Guangdong Yizumi Precision Machinery Co. Ltd. has at last received the green light from Chinese securities regulator for an IPO on the Shenzhen Stock Exchange. In othe news, Engel CEO Peter Neumann visited Yizumi headquarters.


Weak China demand hurts Chen Hsong, delays Shenzhen plant

December 23, 2014 10:03 am ET

A slump in investment in China's plastics industry and a general slowdown in the country's manufacturing industry pushed sales and profits down sharply for injection machine maker Chen Hsong Group in the six months ending Sept. 30.


The return of HPM's big presses

December 19, 2014 11:47 am ET

HPM is back in big injection molding machines.


Auto, medical, packaging all lead to solid sales for compounding extruders

December 18, 2014 6:00 am ET

Compounding extruder sales tend to be cyclical, but machinery makers report another solid year — thanks to automotive, medical, food packaging and growing interest in developing new bioresins.


Milacron opening Mexico technical center, considers another in Brazil

December 16, 2014 12:58 pm ET

Milacron LLC plans to officially open a new technical center in Querétaro, 140 miles northwest of Mexico City, early in 2015, and the company is considering building another tech center in Brazil.


Guangdong machinery maker adds another plant

December 15, 2014 6:00 am ET

TAIPEI, TAIWAN — Extrusion thermoforming equipment specialist Guangdong Designer Machinery Co. Ltd. plans to open a new 70,000-square-meter factory in Shantou early next year.

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