Injection molds
The Pennsylvania company was started by four friends and transitioned to an employee stock ownership plan (ESOP) in 2018.
Michigan startup says it is leveraging AI-designed molds to 'commoditize' tool building and optimize parts production.
Volume is down 10-30 percent for some companies participating in annual benchmark study.
Selleck appointed CEO, Galt to become chairman of injection molding equipment supplier and mold maker founded by a Plastics Hall of Famer.
Polymer Medical is investing $1.5 million to expand its operations in Orchard Park, N.Y., with the purchase of a 4,500-square-foot facility, creating 15 new jobs in the area for injection molding and assembly services.
Tooling and molding equipment supplier PCS Co. has added machinery from Mori, an NHX6300 horizonal milling machine and DMV 115 vertical milling machine, that will improve its productivity.
Sales for the Molding Technology Solutions segment, which includes the Milacron, Mold-Masters and DME brands, were down 14 percent.
DeGraff, Ohio-based PCPI Plastics LLC has acquired Gloucester, Mass.-based Sonolite Plastics Corp.'s injection molded medical product line.
Plastics processors are automating the fabrication of steel tooling to reduce lead times, costs and labor shortages.
Diversified Plastics Inc. is now doing business as Aprios Custom MFG to highlight its additive manufacturing capabilities.
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