Molds-Tooling
President Joe Biden's administration is conducting a legally required review of China tariffs, prompting the injection mold building industry to push hard for the government to keep them in place.
Make that 14 acquisitions in three years for SyBridge Technologies.
Michigan-based injection molder and toolmaker Summit Plastic Molding Inc. is investing $1.6 million to expand its 100,000-square-foot Horizon City, Texas, facility.
Mold maker Starbase Technologies Inc. of Pittsfield is closing, according to a local news report.
Westminster Tool Inc. founder Ray Coombs came back from a $1 million budget shortfall and emotional collapse in 2013 to turn his company into an employee-centric role model where continuous learning goes hand in hand with continuous improvement.
Formed in a merger earlier this year, the owners are looking to grow in the aerospace market.
Bristol, Conn.-based Barnes Group Inc., a publicly traded molding equipment supplier, is laying off about 430 employees as part of a restructuring plan to offset weak industrial sales in its automotive and tooling markets as well as lower demand for aircraft.
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