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Date Archive - December 2022

ABC Technologies’ Acquisition of WMG Technologies Will Bolster Molding Portfolio

A supplier to global automotive OEMs, ABC Technologies Holdings Inc. has entered into a definitive agreement to acquire family-owned WMG Technologies (WMGT), a Tier 1 and 2 supplier of automotive exterior parts, injection mold tooling, and lighting molds and inserts. The deal is valued at $165 million with potential earn-out payments based on profitability targets over the next 24 months. Based in Windsor, ON, WMGT was founded in 1972 and…

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High-Performance Stretch Film with Recycle Content

Photo Credit: Braskem America All globally major materials and additives suppliers, particularly those producing the major volume commodity resins and associated additives, have been making significant inroads toward the goal of a circular economy. Underscoring their efforts are collaborations across the supply chain, whether it be mechanical recycling, chemical and/or advanced recycling, or designing for recyclability, such as is the case with all-PE packaging such as stand-up pouches and blow-molded…

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France and Ireland to Become Research and Innovation Allies

A recently signed agreement between Enterprise Ireland, University College Dublin (UCD), and the Embassy of France in Ireland is expected to strengthen innovation and applied research links between France and Ireland through the establishment of a new international technical expert (ETI) role. The ETI is expected to work with multiple stakeholders in France and Ireland with the aim of broadening co-operation and mutual understanding in the fields of applied research…

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NewGen Surgical Awarded First GreenScreen Certification for Medical Supplies & Devices

Clean Production Action, a nonprofit organization that aims to design and deliver strategic solutions for green chemicals, sustainable materials, and environmentally preferable products, recently unveiled the first GreenScreen Certified Standard for Medical Supplies & Devices, developed by healthcare providers, medical product manufacturers, scientists, and environmental groups. NewGen Surgical is the first company to achieve the GreenScreen Certified Standard for medical supplies and devices. The standard applies to a wide range of both…

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