by Plastics.com Staff | Aug 13, 2018 | Business, Daily News, Mergers & Acquisitions, North America
A German company has bought 28 acres of the former DuPont plant site in Chattanooga where it plans to manufacture a product used in the plastics industry. Naprotec LLC, a subsidiary of Germany-based Nabaltec Group, also acquired 85,000 square feet in building space...
by Plastics.com Staff | Jul 24, 2018 | Business, Daily News, Mergers & Acquisitions, North America, Recycling
A United States bankruptcy court judge has ruled in favor of a former landowner in a case that could place a hurdle in front of investors planning to fund a large plastics recycling facility in Millville, New Jersey. In a June 2018 ruling, a U.S. bankruptcy court...
by Plastics.com Staff | Jul 17, 2018 | Business, Daily News, Extrusion, Injection Molding, Mergers & Acquisitions, North America
Cooper-Standard Holdings Inc. has agreed to acquire two components from Lauren International — Lauren Manufacturing and Lauren Plastics. This acquisition will aid the Novi, MI-based supplier of systems and components for the automotive industry to expand in markets...
by Plastics.com Staff | Jul 13, 2018 | Business, Daily News, Injection Molding, Mergers & Acquisitions, North America, Tool & Die
BROKEN ARROW, Okla.—Custom injection molder RL Hudson & Co. L.L.C. has acquired Rapid Production Tooling Inc., an injection mold tooling company based in Berthoud, Colo. Financial terms of the deal were not disclosed. Rick Von Drehle, RL Hudson & Co....
by Plastics.com Staff | Jul 13, 2018 | Business, Daily News, Engineering Plastics, Global, Mergers & Acquisitions, North America
In 2011, an Italian plastics giant surprised the market with plans to build the one of the world’s largest PET plastics plants in Corpus Christi, an enormous undertaking that would shift global trade patterns and vastly expand the U.S. capacity to produce the...
by Plastics.com Staff | Jul 12, 2018 | Business, Daily News, Mergers & Acquisitions, Mfg On Demand, North America, Part Design
Xometry Inc., an online marketplace for custom-manufactured parts, has acquired rival firm MakeTime Inc. and raised $25 million to fuel future expansion. The deal creates what Xometry says is the industry’s largest distributed on-demand manufacturing network, with...
