QComp Technologies, a robotic systems integrator, is beginning a 10,000-square-foot addition to its production facility in Greenville, Wisconsin. The expansion, scheduled for completion this fall, is in response to an increase in demand for its robotic automation systems in the United States and Canada from new and existing clients. To meet current and future demand, QComp … [Read more...] about QComp Announces Facility Expansion, Continues to Hire
06/2019
Reliable Formed Plastics Acquired by Perrimark Ventures
Custom plastics thermoformer Reliable Formed Plastics, LLC, Birmingham, Alabama, was acquired by investment group Perrimark Ventures, also of Birmingham, on May 3, 2019. Reliable Formed Plastics manufactures parts for a wide range of industries and applications including aerospace, food/beverage, retail, marine, technology, healthcare and general industrial. The company … [Read more...] about Reliable Formed Plastics Acquired by Perrimark Ventures
Sepro Group and FANUC Announce Open Integration Partnership
Roboshot injection-molding machines (IMM) made by international firm FANUC Corporation now can be equipped with Cartesian robots made by France-based Sepro Group and integrated into the molding machine controls via Sepro Visual control. The FANUC-Sepro partnership aims to meet increasing demand for robot/IMM packages and will allow FANUC to benefit from Sepro’s know-how with … [Read more...] about Sepro Group and FANUC Announce Open Integration Partnership
Plastics M&A Activity Bounces Back in Q1 2019
by David Evatz, managing director, Stout In the first quarter of 2019, 123 plastics industry M&A transactions took place, a 28% increase year over year (YOY). The number of transactions during the quarter was also the second-highest quarterly total over the past seven years. Industrial plastics led the charge during the quarter with a 49% increase YOY, while automotive and … [Read more...] about Plastics M&A Activity Bounces Back in Q1 2019
MAPP Young Professionals Network Sells Out First Leadership Experience
The Manufacturers Association for Plastics Processors (MAPP) recently hosted 55 young professionals at the first Leadership Experience held in Louisville, Kentucky. The Leadership Experience curriculum was developed with the understanding that leadership is a hard skill, does not happen in a vacuum and needs to be practiced. This event explored the importance of … [Read more...] about MAPP Young Professionals Network Sells Out First Leadership Experience