We've been watching plastics company CEOs try their hand in the political arena -- with some success -- for a few years. Now, it seems, the trend is going international. Frank Stronach, the founder of Aurora, Ontario-based Magna International Inc., is running for election in Austria. Stronach has a pretty big ambition -- he's leading a new party called Team Stronach that is aiming to play a big role in the country's next coalition government. Magna is the largest injection molder in North America, according to Plastics News' annual ranking. For years Stronach also was the top dog PN's list of highest paid plastics industry executives. Now, according to the Reuters story "Magna founder Frank Stronach starts Austrian election campaign," Stronach has "painted himself as a simple soul whose duty was to return from Canada, where he made his fortune, to help his native Austria." "I am not a politician. We are a movement, an Austrian movement," he said at a Sept. 27 news conference. Meanwhile, in the States, we'll be watching on election day next month to see if Dave Spence, the former owner of St. Louis blow molder Alpha Packaging Inc., will win his race to become the next governor of Missouri. See this earlier blog post for a list of plastics company executives who have had recent success running for elected office.
Another plastics CEO in politics -- this time in Austria
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