Hyster Partners with RICO on expanded line of Explosion Proof Lift Trucks
Hyster Company announces an expansion of the certified Explosion Proof (EX) lift truck line, in which traditional Hyster lift trucks are converted by RICO Manufacturing, Inc., a provider in manufacturing certified EX solutions. EX-rated lift trucks have specific protection measures that allow them to operate in hazardous locations with potentially explosive or flammable vapors, liquids, dust, or fibers. The expanded lineup includes...
A Transatlantic Conversation: Economists discuss Post-Pandemic Global Trade
As global trade slowed in 2020, the US plastics industry experienced its first trade deficit after many years of a trade surplus. Year-to-date data ending in September shows a $1.4 billion US plastics industry trade deficit. It is likely that the US will have another year of a trade deficit in plastics, albeit less than last year. Now that 2021 is ending, what’s the trade outlook for 2022? I reached out to a trade expert I met during...
PLASTICS Report: Plastics machinery shipments grew in third quarter
The Plastics Industry Association (PLASTICS) just announced that shipments of primary plastics machinery (injection molding and extrusion) in North America increased in the third quarter according to the statistics compiled and reported by PLASTICS’ Committee on Equipment Statistics (CES). The preliminary estimate of shipment value from reporting companies totaled $333.8 million in the third quarter. It increased 4.0% from the...
Platinum Tooling president celebrates Four Generations and 100 Years in metal cutting
In a world where machine shops are struggling to stay open and maintain their business and in a day when “going into dad’s business” is not what it once was, Platinum Tooling is an exception to the rule. Located in Prospect Heights, Illinois, the company is set to reach an important milestone. In 2022, company president Preben Hansen and his family will celebrate 100 years working in metal cutting and four generations of Hansen men in...
Global Shop Solutions names John Davis Chief Technology Officer
Global Shop Solutions, a developer of ERP software for manufacturers around the world, has named John Davis as Chief Technology Officer (CTO). Davis joined Global Shop Solutions in 2004, and over the past 17 years has served the company in many different capacities including analyst, programmer, and management. Most recently he led the R&D Infrastructure Team, and his excellent programming, networking, and all-around technical...
Thomson Industries celebrates its 50th anniversary
Thomson Industries, Inc., a manufacturer of linear motion control solutions, is celebrating the 50th anniversary of its legacy Ball Screws & Actuators Co. (BSA) business at its Fremont, California facility. The organization hosted a grand celebration to mark the occasion, highlighting its challenges and achievements, and reaffirming future goals. “The past 50 years have been an enjoyable and rewarding journey,” said Thomson...
The Plastic Tax would hurt the economy and the environment
There’s a lot buried in the multitrillion-dollar social spending package currently moving through Congress. One provision under consideration that has largely flown under the radar, is a massive tax that would increase the cost of everyday household goods by over 25% and threaten tens of thousands of manufacturing jobs across America. In the scramble to find “revenue raisers,” the REDUCE Act – introduced earlier this year by...
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