At its recent Board of Directors meeting in Fort Myers, Florida, the SPE Thermoforming Division elected new officers. Ed Probst is the new chair of the SPE Thermoforming Division and is principal of Probst Plastics Consulting based in Milwaukee, Wisconsin. Probst has 38 years of experience in the heavy gauge custom thermoforming industry. For 28 years he worked at Profile … [Read more...] about SPE Thermoforming Division Elects New Officers
Press Release
Viking Plastics Jeffersonville Ships First Molded Part
Viking Plastics, Jeffersonville, Indiana, a leading injection molding and value-added assembly service provider, is excited to announce the company has added new capabilities to the Jeffersonville facility, including injection molding presses and assembly operations. The company has added over $2 million in upgrades to the 40,000 sq. ft. facility, including a new material … [Read more...] about Viking Plastics Jeffersonville Ships First Molded Part
Plaskolite Acquires MXL Industries
Plaskolite LLC (“Plaskolite”), Columbus, Ohio, a global leader in the manufacturing of engineering thermoplastics, including acrylic, polycarbonate, ABS and PETG Sheet, Lighting Profiles and PMMA Polymers, has announced the acquisition of MXL Industries (“MXL”), Lancaster, Pennsylvania, a manufacturer of high-quality optical plastic products. The addition of MXL strengthens … [Read more...] about Plaskolite Acquires MXL Industries
European Plastics Industry Braces for Increased Instability, Higher Prices and Lower Growth
The European plastics industry is tackling challenges on multiple fronts. In packaging, by far its biggest market, it has become a victim of its own success, particularly as the ideal material for single-use applications and people on the move. In building and construction, some infrastructure projects may be put on hold as governments divert some funds away from infrastructure … [Read more...] about European Plastics Industry Braces for Increased Instability, Higher Prices and Lower Growth
Metro Plastics Technologies Acquired by Newbury Franklin
Generational Capital Markets, Member FINRA/SIPC, and a leading mergers and acquisitions advisor for privately-held businesses, is pleased to announce the sale of its client, Metro Plastics Technologies, LLC, Noblesville, Indiana, to Newbury Franklin Industrials, Buffalo, New York. The acquisition closed April 28, 2022. Metro Plastics Technologies (MPT) is a custom plastic … [Read more...] about Metro Plastics Technologies Acquired by Newbury Franklin