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The ENGEL Group concluded the fiscal year with a slight decline in turnover of approx. -6% compared to the previous year. “The volume in the injection molding machine market has fallen by up to -40% according to various association figures. ENGEL has succeeded in gaining shares in a shrinking market – a trend consistent with observations from previous economic contractions,” comments Stefan Engleder, CEO of the ENGEL Group, on the turnover of around 1.6 billion EUR. The Business Units Medical and Packaging made a significant contribution to this development. Demand for the production of diabetes therapy products remains high, especially in the American region, while the packaging industry is experiencing a boom in Europe due to new regulations. The after-sales business also manifested positive growth, with a surge of almost +15% compared to the previous year.

As President of Mack Molding’s Northern Division, Pang will be responsible for the Company’s four Vermont facilities, as well as Mack Prototype, a prototyping and low-volume manufacturing facility in Massachusetts, and Synectic Product Development, an engineering services group in Connecticut. Mack Molding is part of Mack Group, which includes global provider of complex electronic manufacturing services, Mack Technologies, and is led by President and CEO Will Kendall. Pang will be reporting to Kendall, along with Mack Molding Southern Division President Bryan Campbell.

Firestone Airide recently opened new distribution centers at two U.S.-based manufacturing facilities: Williamsburg, Kentucky and Dyersburg, Tennessee. The total investment of approximately $26 million will enhance the company’s ability to serve its customers and increase operational efficiency. Additionally, having the distribution centers located next to the manufacturing facilities will help reduce the company’s carbon footprint by eliminating the transportation of goods from the two manufacturing facilities to a third-party operated distribution center in Indianapolis.  

Mississippi Lime Company has launched a new global brand platform and will begin operating under the name MLC. The transformation of the company’s identity reflects MLC’s progress as an international lime solutions partner with an unwavering commitment to safety, sustainability and service.  

General Silicones Co., Ltd. (GS), to participate in Hannover Messe 2024, showcasing a spectrum of innovative silicone products. From April 22-26, visitors can explore GS’s cutting-edge solutions at Hall 3, Stand A64-12, including their hallmark Compo-SiL® silicone decorative film

TechnoBiz is accepting delegate registrations for the upcoming “RUBBER WEEK 2024” during 22-26 April 2024 in Bangkok, Thailand at Century Park Hotel. It has 3 specialized conferences and 9 short training courses aimed for rubber industry professionals across the world. This is a Hybrid Program. Participants can choose either in-person participation or online participation.

The Yokohama Rubber Co., Ltd., announced that it has entered into a partnership agreement with the Association of Tennis Professionals (ATP), the global governing body of men’s professional tennis, that makes it the ATP Tour’s first Official Tire Partner (a Gold Partner).

The ATP Tour entertains a billion global fans and showcases the world’s greatest players at the most prestigious tournaments. Yokohama Rubber’s partnership with the ATP Tour is aimed at increasing awareness of the YOKOHAMA brand in the European market. The Company will be sponsoring five tournaments in the European countries of Italy, the United Kingdom, Germany, and Monaco, including the Nitto ATP Finals, the ATP Tour’s prestigious season finale featuring only the top eight singles players and doubles teams in the annual rankings.

The Yokohama Rubber Co., Ltd., and its employee-backed YOKOHAMA Magokoro Fund will donate a combined ¥1 million (¥500,000 each from the company and the Fund) through the Japanese Red Cross Society to support relief efforts in the quake-stricken region.

Double Coin and CMA has unveiled two new tires for airport ground support equipment (GSE) applications.

These GSE tires advance Double Coin’s commitment to delivering high-performance solutions for the aviation industry. Each tire’s key features allow maximum endurance in the GSE environment.