Molds-Tooling
Formed in a merger earlier this year, the owners are looking to grow in the aerospace market.
Bristol, Conn.-based Barnes Group Inc., a publicly traded molding equipment supplier, is laying off about 430 employees as part of a restructuring plan to offset weak industrial sales in its automotive and tooling markets as well as lower demand for aircraft.
Miami Lakes, Fla.-based National Molding named Paul Frascoia its new president and CEO, effective June 1, following four years serving on the board of the company.
Some plastics processors and mold makers won't survive the coronavirus pandemic, said Laurie Harbour, a consultant in manufacturing operations and financial issues.
Tessy Plastics Corp. is giving $2,000 to each of its 1,000 employees to help offset the financial impact caused by the coronavirus outbreak.
In these strange, sometimes scary times of COVID-19, we bring you some calming words from two respected top executives at custom molders.
Tariffs on injection molds from China will help U.S. tool shops compete, but may hurt molders, according to tooling analyst Laurie Harbour.
After months of lobbying by the mold making industry, the U.S. government appears set to bring back tariffs on Chinese injection molds. A formal announcement could come as soon as Dec. 23.
DoseCue, a pill bottle that has a series of lights that signal when it's time to take medicine — and lets you know if you miss a dose — won three awards for FGH Systems Inc. at the Society of Plastics Engineers Blow Molding division's annual parts competition.
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