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MMMM d, yyyy |
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Beverly Hills, Calif.-based Platinum Equity LLC has purchased Husky Injection Molding Systems, headquartered in Bolton, Ont., for US$3.85 billion; Husky CEO John Galt is staying on to lead the business.
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The preliminary estimate for shipments of injection molding, extrusion, and blow molding equipment for reporting companies totaled US$350.8 million in the third quarter – 20.4 per cent higher than the total of US$291.3 million in Q3 of 2016.
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Sales fell in 8 of 21 industries, StatsCan said, representing 56 per cent of the manufacturing sector.
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In a bid to boost its catalysts technology portfolio and manufacturing network, Columbia, Maryland-based material supplier W. R. Grace & Co. is buying the polyolefin catalysts business of specialty chemical firm Albemarle Corp. for US$416 million.
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NEXGEN mold cleaner has no chlorinated solvents. Powerful cleaning formulation has food-approved solvents and meets tough health, safety and environmental regulations. Use it for removing mold release, grease and resins. Leaves no oil residue.
Request your free sample. |
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As it hits the quarter-century mark, the Mississauga, Ont.-based compounder is heading off into new directions.
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Mike Hicks, vice president of Windsor, Ont.-based mold component supplier DMS Components, spent four memorable days as a guest at the invitation-only Red Carpet Tour in April 2017, an event designed to showcase the state of Georgia's attractiveness for new business investment.
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Feb. 19-21, 2018
Location: Nashville, Tenn.
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