Toray Industries, Inc., a Tokyo-based manufacturer of fibers and textiles, plastic resins, films and carbon fiber compositematerials, has selected Spartanburg County, S.C. for its next global facility. The $1 billion investment over the next decade is expected to create 500 new jobs and represents one of the largest initial capital investments in South Carolina's history.
The birthday of what's called the world's first action figure is being celebrated this month by collectors and the toy maker that introduced it just before the nation plunged into the quagmire that would become the Vietnam War — a storm it seems to have weathered pretty well.
South Carolina Gov. Nikki Haley is expected on hand for a ceremony to officially open Continental Tire's new plant in Sumter. The company says Haley and company executives are planning to make remarks at an event scheduled for Tuesday.
Taking a closer look at the data, shipments of injection molding machinery were up 20 percent in the third quarter when compared with the same quarter of a year ago. Shipments of single-screw extruders advanced 9 percent, and shipments of twins-screw escalated 12 percent. Shipments of new thermoforming equipment spiked up 50 percent in Q3 when compared with last year
A Chinese-backed venture that includes the British petroleum company BP proposes two plants along the lower Columbia River to distill methanol from natural gas for use in making plastics and rubber.Each plant would cost $1 billion and employ about 120 people, The Oregonian reported Wednesday.
The accord, reached Wednesday, came after 10 days of negotiations between the government, the company and unions. The office of Prime Minister Jean-Marc Ayrault said the "end of conflict protocol" puts an end to the occupation of the factory by workers demanding new negotiations over severance packages.
A judge in the town that's home to Goodyear has thrown out a lawsuit filed by French workers trying to save their tire-making jobs at a plant that has become a symbol of their country's labor tensions. Workers plan to appeal.
Goodyear Dunlop Tires France — a subsidiary of Goodyear Tire and Rubber Co. of Akron, Ohio — said in a statement the lawsuit was filed Wednesday with the prosecutor in Amiens, France, because it can't accept "actions that endanger people and goods."
We're proud to announce Blackwell Plastics as our #8 innovator — since 1939, they've been providing plastic products for a wide array of industries. Blackwell plastics have been used for the military, in aerospace applications, and with lower-profile products like venetian blinds, weed-eaters and Igloo water coolers.
Coming in at #11 is Lantech, based out of Louisville, Kentucky. We selected them because of their impressive growth and domination of a niche market: with over 65,000 machines sold around the world, the company is the world's largest manufacturer of stretch wrapping equipment.
The plant, which Goodyear has tried to sell or shutter for five years, has become an emblem of France's labor issues, and the seizure Monday morning of the two managers — the plant's director and human resources chief — resurrected the once-common practice of boss-napping.
The MakerBot Replicator Z18 can print objects 12 by 12 by 18 inches large. That's six times larger than MakerBot's standard Replicator. The machine, which deposits melted plastic dot by tiny dot, will cost about $6,500, and can print objects the size of someone's head.
The factory's union says the director and human resources chief were blocked from leaving after an especially difficult meeting Monday with staff; a Goodyear representative, speaking on condition of anonymity because of the tense situation, says the two managers were being held against their will.
Gentle Giant, based in Burbank, Calif., has led the development of state-of-the-art content using 3D scanning and modeling to develop and make licensed 3D printed characters, toys and collectibles from a variety of franchise properties.
3D Systems today announced that it has completed the acquisition of Xerox's solid ink engineering and development teams, plus the development labs and patent portfolio, for $32.5 million in cash. 3D Systems says it will bring the printer design and material science teams together, along with the associated IP, to further its R&D efforts and manufacturing capabilities.
Cooper Tire & Rubber Co. is calling off its proposed $2.2 billion sale to India's Apollo Tyres, a deal that would have created the world's seventh largest tire company. The U.S.-based company said Monday that financing is no longer available, and it continues to claim, as it has for months, that Apollo breached the terms of the agreement.
The fire at Industrial Plastics Recycle, about 45 miles southwest of Nashville, has been burning since Wednesday morning. On Wednesday afternoon, firefighters had to stop trying to put out the blaze after they learned that two 1,000 gallon propane tanks were on the property.
Additive manufacturing is already being used in rocket sciences, medicine, and cars, but one Texas-based group of 3D printing and gun enthusiasts gained a great deal of notoriety early this year by demonstrating early versions of 3D-printed guns
Tire-maker Michelin says it is recalling about 1.2 million tires sold in the U.S. because an increasing number are experiencing tread loss or rapid air loss.The tires are commonly used for pickup trucks, heavy-duty vans, small RVs and commercial light trucks.
Lawmakers took an easy step Monday when the Democratic-run Senate unanimously gave final congressional approval to a bill adding another decade to the prohibition against guns that can slip by airport metal detectors and X-ray machines.
Congress is racing toward renewing a 25-year-old prohibition against firearms that can evade metal detectors and X-ray machines, just days before the ban expires. But with 3-D printers increasingly able to produce plastic weapons, many Democrats, gun control advocates and law enforcement officials say the restrictions must be tightened.
Ground was broken in March 2012 at the new $500 million facility for Continental Tire, the North America arm of German-based Continental AG. Officials initially said the first tire should roll off the assembly line in 2014, with the plant completely built and fully operational in 2021.
Berry Plastics Corp. plans to close five of its manufacturing plants next year in response to weak demand for the company's plastic containers and packaging. The Evansville-based company announced the closures Friday during a quarterly earnings call with investors. The plants will close by Sept. 30, 2014, and cost about 200 workers their jobs.
Canadian engineers are on the verge of creating a car with more than 60 percent of parts made on a 3D printer. They tried to make the vehicle as small as possible, and as low to the ground as they could, for an aerodynamic advantage. Its electric powertrain can be recharged in about six hours from a regular wall socket.
The Delaware Court of Chancery has rejected a claim by Cooper Tire & Rubber Co. that Apollo Tyres breached the terms of an agreement to buy Cooper Tire. The decision handed down Friday is the latest snag in a monthslong dispute that has delayed Apollo's takeover of Findlay, Ohio-based Cooper.