Japanese tire maker will withdraw from the marine hose business after an internal investigation discovered its hose division made improper payments to foreign agents to secure sales.
Canadian study of Avent, Gerber and Playtex bottles found ''very significant'' levels of bisphenol A — a controversial chemical linked to various health hazards.
Plastics and resins maker will close a Canadian plant and seek a buyer for a Texas facility to offset expected pressures from high oil prices and poor auto sales in 2008.
Development of manufacturing facility in India to be completed by September 2008.
European Union antitrust regulators fined German chemical maker and Japan’s Zeon Corp. a total of $49.6 million for colluding to fix prices of synthetic rubber.
Iowa-based company blamed demise on the loss of key customers and the rising costs of raw materials such as resin.
Plant will get a new life as an industrial park; Bridgestone/Firestone closed the tire plant a year ago, leaving 1,700 workers unemployed.
Rubber and plastic manufacturer said its acquisition by a private equity arm of investment bank Goldman Sachs Group Inc. is being delayed until April 30.
Combined joint venture company plans to shut down its Belpre plant by end of January.
Italian tire maker is making high-performance car tires at $100 million Shandong Province factory, which can make 3 million pieces per year.
Polymer materials maker purchases of GLS, which makes thermoplastic elastomer compounds, rubber-like materials used in consumer and medical applications for undisclosed price.
Polymers and high-performance plastics maker and union negotiators have reached an agreement on a contract that would cover 71 workers.
Global packaging unit's Matrix division is opening a 150,000 square-foot rigid plastic container plant in St. Louis.
Safety watchdog General Administration of Quality Supervision, Inspection, and Quarantine said production of Australian toy was outsourced to Wangqi Product Factory in Shenzhen, China.
Tire maker's $4.2 million investment will upgrade facility's equipment and help plant make new lines of tires but doesn't mean more jobs for the area.
Spokesman says reason for the Collingwood, Ont., plant closure — tentatively set for Nov. 30 — is a lack of demand for rubber hoses.
Diversified industrial manufacturer purchases Ontario-based Arrow Hose & Tubing, which had sales of $12 million last year.
Tire and rubber company has told union officials it will stop production at Tyler, Texas, plant; move could affect more than 600 workers.
Tire maker wants incentives as Singapore-based rubber shipper, PACC Lines, threatens to pull out of North Carolina port and ship through New Orleans.
Closure will cut six percent of the joint venture's polystyrene production as part of a restructuring that aims to achieve about $50 million in annual synergies.
Hybrid Plastics' $2.3 million, 15,000-square-foot addition will allow it to increase production five-fold and double the current number of employees.
Packaging company expects the Caraustar acquisition, which includes six U.S. manufacturing plants employing about 260 workers, will add to earnings in the first year.
Onex paying $960 million for the 3,000-employee international maker of factory equipment.