Five years ago this week in Plastics News: A $987 million expansion was revealed for McCormick Place, the home of the National Plastics Exposition in Chicago. The project would boost floor space to 2.1 million square feet in 1996.
Ferro Corp. cited compounding industry overcapacity in a program to cut 30 percent of its masterbatch colorants and polypropylene compounds capacity.
Custom processor Furon Co. said it was investing $7.5 million in a new, Ohio-based internal compounding operation called Macromeric Division.