MGS Acquires Formteknik
The Wisconsin-headquartered supplier of molding, molds and automation cells adds three mold making facilities in Europe—Denmark, Sweden, Germany—with the acquisition.
Fast Heat Acquired
The supplier of hot runner controls and diagnostic products has been acquired by its former general manager, Chad Root, and long-time production manager, Manny Diaz.
Italian Machine Tool Builder Sets up U.S. Operation
Firm furnishes CNC machines for sheet for tooling applications.
Protolabs Launches Revamped Digital Quoting Platform
Initially unveiled in Europe, the new digital manufacturing platform will be coming to the U.S. in early 2021, bringing greater speed and flexibility to quoting of injection molded, CNC machined, and 3D-printed parts.
#industry4-0
Plastic Mold Buyers Guide to Be Updated
After nearly 25 years, the plastic industry’s guide for buying molds—Customs and Practices of the Moldmaking Industry—is being updated by the the Plastics Industry Association (PLASTICS), in conjunction with the moldmaking sector.
Trade in Molds for Plastics Manufacturing: A V-shaped Recovery
U.S. exports of plastics molds in June were 36% above June 2019, and imports were up 4% from a year ago. Both exports and imports of molds are back to pre-COVID-19 levels. This could be an indication that demand from plastics processors has picked up in both domestic and export markets since the lockdown in March.
Graham Partners Assembles Medical Molding Group
Investment firm has funded a new conglomerate of three medical injection molders.
Molds for Plastics Monthly Trade Monitor
This monthly trade statistics report—developed by Perc Pineda, PhD, Plastics Industry Association’s Chief Economist—includes monthly and year-over-year analysis of U.S. plastics mold trade. In this report, exports and imports of plastics molds are broken down by HTS number and by country, providing deeper insights on export market growth and import trends by product and country of origin.
#economics
PCS Company Launches New Website
The mold component supplier says the new site will feature faster load times and a more user friendly experience, including a responsive design that allows users to view it on any device.
iD Additives to Host Virtual Open House
iD Additives Inc. will host the mold-maintenance-themed event Wednesday, August 5 from 9 a.m.-12 noon CST.