Catherine Kavanaugh

1 week ago | plasticsnews.com | Catherine Kavanaugh

Grand Rapids, Mich. — Superior Tooling Inc. founder Robbie Earnhardt enjoyed his high school shop class so much, he saved money from a neighborhood job to buy a used lathe to do contract work in the evenings and on weekends. Earnhardt put in long hours while also dreaming about starting his own tooling shop, which he did in 1985 in his home garage in Wakefield, N.C.Forty years later, Earnhardt is the 2025 Mold Maker of the Year for sharing his passion to educate the next generation of tool makers.

1 week ago | plasticsnews.com | Catherine Kavanaugh

Atkore Inc. posted a $50 million second-quarter loss after taking a $128 million impairment related to its high density polyethylene conduit business, citing emerging satellite competition in the broadband market. Officials at the Harvey, Ill.-based extruder said the impairment reflects an industry inflection point as satellites gain attention as a viable alternative to traditional fiber optic broadband, which uses HDPE infrastructure to protect cable from moisture, heat and pressure.

1 week ago | plasticsnews.com | Catherine Kavanaugh

Charlotte, N.C.-based Jeld-Wen Holding Inc. will close a factory in Chiloquin, Ore., by the end of the year and lay off all 128 people who make interior, steel, fiberglass and custom doors. The layoffs of 115 people — 104 in production — will happen by June 30 followed by the remaining 13 in production and management by Dec. 1, according to a Worker Adjustment and Retraining Notification (WARN) filed with the Oregon HECC Office of Workforce Investments.

1 week ago | plasticsnews.com | Catherine Kavanaugh

Jeld-Wen Holding Inc. will close its factory in Chiloquin, Ore., by the end of the year, laying off all 128 employees who produce interior, steel, fiberglass and custom doors. According to a Worker Adjustment and Retraining Notification (WARN) filed with the Oregon HECC Office of Workforce Investments, the first round of layoffs — 115 people, including 104 in production — will take place by June 30. The remaining 13 employees in production and management will be let go by Dec. 1.

1 week ago | plasticsnews.com | Catherine Kavanaugh

Switzerland-based Tool-Temp AG has acquired 100 percent of the shares of its United States-based branch, Tool-Temp US Inc., in Concord, N.C., as part of a strategic move for "challenging economic times."The family-owned company's plan is to make a targeted investment in a key growth market while strengthening its U.S. presence, according to a news release about the share acquisition. No investment details were given.