Parish Invests in New Equipment Plastics Business Parish Manufacturing has added two new 110 ton Arburg injection molding presses to its Indianapolis, IN, facility. The investment was triggered by expanding demand from a new customer representing a 75 percent growth in sales. The new equipment increases Parishs overall production efficiency, providing … [Read more...] about Parish Invests in New Equipment
05/2013
PMT to Congressman: Need for Skilled Workers High
PMT to Congressman: Need for Skilled Workers High Plastics Business SUBMITTEDCharles Sholtis, Plastic Molding Technology, Inc., chief executive officer, left, directs US Rep. Beto ORourke (D-TX) and Bill Carteaux, Society of the Plastics Industry president, right, through the El Paso, TX-based manufacturing plant during a recent tour. Also pictured is … [Read more...] about PMT to Congressman: Need for Skilled Workers High
Medical Device Tax Could Make Health Care Less Affordable
by The Tax Foundation The federal medical device tax, which went into force on Jan. 1, will have an adverse effect on the medical device industry, consumers and the economy according to an analysis by the Tax Foundation. Economist Kyle Pomerleau found the provision represents poor tax policy and should be repealed. The 2.3 percent excise tax on the manufacturers of medical … [Read more...] about Medical Device Tax Could Make Health Care Less Affordable
Demand for Biodegradable Plastics Increasing
Plastics Business Mounting consumer pressure and legislation, such as plastic bag bans and global warming initiatives, will increase demand for biodegradable polymers in North America, Europe and Asia by nearly 15 percent during a five-year period ending in 2017, according to an IHS Chemical global market research report. Demand is expected to reach nearly 525 thousand metric … [Read more...] about Demand for Biodegradable Plastics Increasing