Molds-Tooling
Injection molder Autronic Plastics Inc. has invested $4 million to expand its facility in Central Islip, N.Y., on Long Island, creating 21 new jobs in the area.
Injection molder Hy-Ten Plastics Inc. has gone back to the future by offering micromolding work.
Among concerns about supply chain uncertainty, Fictiv Inc., a manufacturing company, has announced the launch of GlobalFlex, an injection molding solution to help solve supply chain disruptions.
PCS Co. President Angela Elsey: "Everyone needs to feel like they're all on the same team. And that culture drives customer satisfaction."
Connecticut-based Omni Mold Systems closes after 31 years following transaction.
George Kipe, founder and long-time owner of Kipe Molds Inc. in California, died Feb. 4. He was 79. Kipe opened Kipe Molds in 1970, specializing in injection molding and specialty LSR products.
Uncertainty and pressure are weighing heavily on the U.S. mold making industry with 25 percent tariffs on all imported steel and aluminum scheduled to go into effect March 12.
Financial experts are optimistic that plastics M&A deal volume in 2025 could surpass 2024 levels, driven by pent-up demand, improved earnings and favorable market conditions.
Tariffs as high as 25 percent on vehicles and parts entering the United States could shut down North America's entire automotive industry, according to Flavio Volpe, president of the Automotive Parts Manufacturers' Association.
| 1 | |
| 2 | |
| 3 | |
| 4 | |
| 5 |