Catherine Kavanaugh Senior Reporter [email protected] 313 446-0346 See All Staff Page Recent Stories Pretium to pay $252,700 in sex discrimination settlement A three-year consent decree resolves the case, requiring Pretium to pay more than $125,000 to two female machine operators as well as $2,500 each to an additional group of former female employees. Ocean Cleanup swaps metal for HDPE in Guatemala project A metal trash interceptor that collapsed in a flash flood in Guatemala has been replaced with a plastic boom system with parts made in Ohio. Cornerstone closing Illinois window plant Layoffs begin in August at the facility that employs 274 people. Baumann named CEO of Arburg US subsidiary Maag's Martin Baumann to succeed Friedrich Kanz, who is retiring after 23 years with the German machine builder. WL Plastics building $40M MDPE pipe plant in Texas The facility under construction in Lubbock, Texas, will serve the natural gas distribution, power, communications markets in North America. India's Vasantha invests $7M to open mold making support firm in Ohio VasanthaTech USA gives the company a foothold in North America as it eyes a long-term goal to build molds in the U.S. Ohio recycler Return Polymers triples PVC recycling capacity The expansion will help parent company Azek boost recycled content of decking and other building materials. Aliaxis acquires Valencia pipe division for $250M The deal was announced on the heels of Uponor Oyj rejecting a sweetened purchase offer worth $2.06 billion. Value of plastics machinery shipments up from start of 2022 The value of shipments increased by 1.6 percent but that's likely due to higher prices more than higher demand. Hillenbrand builds equipment business with $730M deal for Schenck division The deal brings Milacron owner Hillenbrand Inc. more processing technologies for food and plastics as well as cross-selling opportunities. Vinyl Institute awards $460K in grants to spur recycling Recipients of the funds are developing ways to take back PVC roofing, siding, billboards and medical products. New version of mold making, buying guide released The American Mold Builders Association revises the procurement process protocols and terminology guidelines that had been in place since 1996. Uponor rejects sweetened offer from Aliaxis Belgium's Aliaxis SA — the owner of pipe maker Ipex — is now offering 25.75 euros per share for Uponor Oyj, up from 25 euros offered in April, but Uponor still says there's no deal. Mold makers brace for tariff talks, Chinese competition, R&D fix, heat rules AMBA trade group lobbyist Omar Nashahib: "What we heard from you all is that the molds, dies and tooling is already underpriced by China probably 40-60 percent. So 25 percent doesn't even get you whole, but it does help." Yushin buys Wemo to expand in Europe Yushin sells similar take-out robot products in Asia and North America and will operate Wemo as a subsidiary. Load More