20th May 2018

IGM RESINS SOLD

Astorg and Arsenal Capital Partners has partnered with Astorg and IGM management, and signed a definitive agreement to acquire IGM Resins.

PPG TO CUT JOBS IN RESTRUCTURING

Global coatings manufacturer PPG will be cutting over 1,000 jobs in a restructuring effort that follows on rising raw-material costs and the loss of the company’s consumer brands listing from Lowe's home-improvement stores.

ECHO ENGINEERING ADDS CAPACITY

Echo Engineering is investing $2.4-million into 60-plus full-time jobs with additional real estate and automated manufacturing equipment, at its recently acquired plastic injection molding facilities in Michigan.

IHEA ANNOUNCES FALL SEMINARS

This fall, the Industrial Heating Equipment Association (IHEA) will offer three concurrent technical seminars in conjunction with the Metal Treating Institute’s (MTI) Furnaces North America (FNA) event. These seminars will be held in Indianapolis, IN from October 8 – 10.

DCC LANSCO LAUNCHES MATCHING SERVICE

DCC Lansco has launched an expansion of its color matching capabilities. It has created an online Custom Colour Matching service as part of its complete customer service offering.

WOOD DESIGN TOOL

Sherwin-Williams, through its Industrial Wood Coatings division, has introduced the Virtual Panel Studio. It describes this as a first-of-its-kind online inspiration tool that provides furniture, kitchen cabinet and other wood product designers access to a complete library of high-resolution images of finished wood panels.

GEMA USA NAMES ENGINEERING MANAGER

Gema USA Inc. has promoted Phil Flasher to engineering manager.

HERAEUS NOBLELIGHT NAMES NEW PRESIDENT

Heraeus Noblelight America (HNA) has named Pradyumna Kumar (P.K.) Swain, Ph.D., as its president.