Newell Rubbermaid Inc.
Officials said at the time that the proposed cuts "are a continuation of the simplification agenda that we have driven over the last four years and in response to the difficult macro-economic environment."
Hoboken, N.J.-based Newell Brands Inc. sold its Process Solutions business to New York-based private equity firm One Rock Capital Partners in a deal the seller expects to bring in $500 million after taxes.
Rethink Robotics, a company known for making collaborative robots Sawyer and Baxter, shut down Oct. 3.
Novolex, the world's largest plastic bag maker, is continuing to diversify into other plastics products, and this time it can thank Newell Brands Inc. which is embarking on a massive downsizing of its own plastics holdings.
The sale of Waddington, a maker of disposable food packaging for bakeries, delis and restaurants, would mark the first move by Newell, which has said it is looking to sell a number of businesses.
Updated — Nineteen years after Newell Co. bought housewares giant Rubbermaid Inc., Newell Brands Inc. is looking to sell it, and a bunch of other companies, including another plastics business, comb and brush maker Goody.
An ice pack designed to work with Rubbermaid's LunchBlox Containers and a stackable gas can won honors for blow molding breakthroughs.
Molders are preparing for possible resin shortages. A New York blow molder says, "While we aren't in a crisis for the next month or so, I am planning for the potential of one after that if the plastics industry's demands far exceed supply."
"It's rewarding to make the life of the consumer easier — that's a big part of why we do what we do."
"I have found through my career that if you can be lucky enough to work on products that you have a higher level of passion about, you get personal satisfaction in your work as an engineer."
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