Catherine Kavanaugh Senior Reporter [email protected] 313 446-0346 See All Staff Page Recent Stories Baumann named CEO of Arburg US subsidiary Maag's Martin Baumann to succeed Friedrich Kanz, who is retiring after 23 years with the German machine builder. WL Plastics building $40M MDPE pipe plant in Texas The facility under construction in Lubbock, Texas, will serve the natural gas distribution, power, communications markets in North America. India's Vasantha invests $7M to open mold making support firm in Ohio VasanthaTech USA gives the company a foothold in North America as it eyes a long-term goal to build molds in the U.S. Ohio recycler Return Polymers triples PVC recycling capacity The expansion will help parent company Azek boost recycled content of decking and other building materials. Aliaxis acquires Valencia pipe division for $250M The deal was announced on the heels of Uponor Oyj rejecting a sweetened purchase offer worth $2.06 billion. Value of plastics machinery shipments up from start of 2022 The value of shipments increased by 1.6 percent but that's likely due to higher prices more than higher demand. Hillenbrand builds equipment business with $730M deal for Schenck division The deal brings Milacron owner Hillenbrand Inc. more processing technologies for food and plastics as well as cross-selling opportunities. Vinyl Institute awards $460K in grants to spur recycling Recipients of the funds are developing ways to take back PVC roofing, siding, billboards and medical products. New version of mold making, buying guide released The American Mold Builders Association revises the procurement process protocols and terminology guidelines that had been in place since 1996. Uponor rejects sweetened offer from Aliaxis Belgium's Aliaxis SA — the owner of pipe maker Ipex — is now offering 25.75 euros per share for Uponor Oyj, up from 25 euros offered in April, but Uponor still says there's no deal. Mold makers brace for tariff talks, Chinese competition, R&D fix, heat rules AMBA trade group lobbyist Omar Nashahib: "What we heard from you all is that the molds, dies and tooling is already underpriced by China probably 40-60 percent. So 25 percent doesn't even get you whole, but it does help." Yushin buys Wemo to expand in Europe Yushin sells similar take-out robot products in Asia and North America and will operate Wemo as a subsidiary. Mold Maker of the Year McPhee is on a mission Mold Craft Inc. engineer Justin McPhee: "It's why God put me here — to push forward manufacturing." MGS building global health care molding center MGS Manufacturing Group Inc. will build a 118,000-square-foot innovation center at its corporate campus in Germantown, Wis., with its new landlord serving as the developer. Aliaxis quadruples stake in Uponor despite rejection by pipe maker Aliaxis, the owner of pipe maker Ipex USA LLC, now owns 20 percent of Finland-based Uponor's shares — up from 5 percent — and its acquisition attempt has attracted other deal makers. Load More