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.
Fitesta Simpsonville, Inc., today announced its plans to expand its existing Greenville Country facility to significantly increase production capacity for its spunmelt nonwoven hygiene products. The company says its $50 million investment, which will remodel the 190,000-square-foot facility, will create at least 32 new jobs.
Owens Corning, a manufacturer of fiberglass and related products, has announced its plans to construct an advanced manufacturing plant in the Gastonia Technology Park (GTP). An initial investment of $120 million will create up to 110 new jobs, with a planned completion by the end of 2014.
3D Systems (NYSE:DDD) announced today its plan to invest $10 million into its Rock Hill, S.C., manufacturing operations, which will create 145 new jobs. Local officials applauded the announcement, saying the company has a history of creating high quality and high-paying jobs that utilize many of the latest in manufacturing technologies.
British police said Friday they have seized components of a gun made from plastic on a 3-D printer and are testing to see whether it was a viable weapon. The Greater Manchester Police force said officers found a plastic magazine and trigger, along with a 3-D printer, in a raid against suspected gang members.
Could 3-D printing, also called additive manufacturing, revolutionize the production industry to the same extent as Ford's assembly line? When Michelangelo was asked how he sculpted the famous David statue, he's reported to have simply replied, "I just chipped away everything that didn't look like David."
Trident Case today announced plans to move 50 to 75 percent of its manufacturing operations from China to southern California in 2014. To that end, the company had previously acquired a 42,000-square-foot manufacturing facility in Rancho Cucamonga to facilitate the expansion.
The counterclaim, which Apollo said was filed Monday with the Delaware Court of Chancery, is the latest move in a monthslong battle between the two companies. Apollo is asking for a judgment that Cooper hasn't provided documents and met other requirements for a merger.
Hankook, the world's seventh-largest tire maker, said it will build the $800 million facility in Clarksville. Construction on the 1.5 million-square-foot facility is scheduled to begin by the end of next year, and it will begin making high-end performance tires in 2016.
Cooper Tire & Rubber Co. shares are plunging Monday as its $2.2 billion deal with Apollo Tyres Ltd. becomes more uncertain. India's Apollo is seeking a lower price than the original $35 per share it offered Cooper because of added talks for union matters.
Palmetto Synthetics, a producer of staple fiber, consisting of polyester, nylon and other specialty polymers, today announced that it will expand its existing operations in Williamsburg County. The $1.1 million investment is expected to generate 20 new jobs.
The Cassini spacecraft found small amounts of propylene, a chemical used to make storage containers and other products, in the atmosphere of Saturn's largest moon Titan. Titan is among the few bodies in the solar system with a significant atmosphere made up of hydrocarbons.
An agreement was signed at the Ministry of Economic Development by all stakeholders including local institutions, the Ministry of Welfare and trade unions to implement a conversion plan for the plant to focus solely on tires for general use, Bridgestone Europe NV/SA said.
Cooper Tire & Rubber shareholders have approved its $2.2 billion acquisition by India's Apollo Tyres Ltd. The deal, which was announced in June, gives Cooper stockholders $35 per share in cash. The companies valued the transaction at about $2.5 billion.
While the booming era of “going green” and “sustainability” in manufacturing has come and gone over the last few years, there are still innovative manufacturers that are working hard to reduce their impact on the environment. Interface Inc. has taken those efforts to another level with a program that not only utilizes recycled materials, but also helps impoverished farmers across the globe make a better living.
Yokohama Tire Corporation officials and state leaders gathered Monday for ceremonial ground breaking for a manufacturing facility that is expected to create hundreds of jobs.Gov. Phil Bryant, company executives and others gathered for the ground breaking ceremony Monday in West Point.
J&J's McNeil unit said Friday that the recall affects three lots of its popular Motrin Infants' Drops Original Berry Flavor, which is used to lower fever and treat aches and pains in children 2 years old and younger. The company warned that the medicine may be contaminated with specs of PTFE, a plastic also used in Teflon coatings.
Farmers from several provinces in the south, where most of Thailand's rubber plantations are located, were blocking a main highway near an agricultural cooperative office in Surat Thani province, 640 kilometers (400 miles) south of Bangkok, police Maj. Gen. Kiattipong Khaosam-ang said.
A topic that doesn’t seem to come up, at least via outlets that are 3D-printer friendly (which are in a powerful majority at this point), is the proliferation of piracy thanks to the quickly emerging 3D-printer market. Much like Napster brought a slapped major record labels across the face, 3D printing is poised to make major manufacturers shake in their boots… maybe.
Union workers have approved a labor contract with Goodyear Tire & Rubber Co. that affects about 8,000 employees at six U.S. plants. The international vice president of the United Steelworkers, Tom Conway, on Thursday said the four-year contract protects plants against closures throughout its term.
Stratasys, Ltd. (NASDAQ: SSYS), the leader in professional 3D printing, and MakerBot, the leader in desktop 3D printing, today announced the completion of their merger first announced on June 19th. "Stratasys and MakerBot share a vision about the potential for 3D printing to transform design and manufacturing," said David Reis, Stratasys CEO.
Twin brothers Bill and Bob Meistrell created the first practical wetsuit out of neoprene. But finding the perfect material meant a lot of trial and error — including with old Pontiac parts. And building the business itself, while staying aware of all the broader trends in fashion and materials technology, is almost another matter altogether.
The Kansas City Area Development Council has announced that IBC North America and Clean Tide Container will open a new facility in the Kansas City area to manufacture and refurbish intermediate bulk containers. The sister companies will invest more than $5 million to build the expansion, which will also create 87 new jobs in the area.