Being both a moldmaker and a molder allows Elite Mold to be a one-stop team for its customers and the MoldMaking Technology 2009 Leadtime Leader Honorable Mention Award: Small Shop.At Elite Mold & Engineering, Inc. (Shelby Twp., MI), just 21 employees have the mission of providing high quality plastic injection molded parts in the shortest turnaround time—from as short as five days for s
The cutting tool and tooling systems specialist Sandvik Coromant has appointed a new president. Effective September 1, Tom Erixon will occupy that post, leaving behind his current responsibilities as president of Sandvik Hard Materials (a product area within Sandvik Tooling), a position he has held since 2003.Erixon, just 48, has already held a variety of senior positions with the Sandvik Group, a
Sixty-five employees strong, South Elgin, IL-based Armin Tool & Manufacturing bills itself as a turnkey supplier—including everything from acquiring the injection press per customer specifications and mold sampling to supplying the customer with completed production parts—with an average leadtime of 14 to 16 weeks.Armin serves the closures, medical, personal care, packaging, electr
The quality management system of Mack Prototype Inc. (Gardner, MA) has obtained ISO 13485 certification, the international quality standard for medical device manufacturing. “Achieving this quality hallmark uniquely positions us as a prototype house and low-volume manufacturer,” says president Ric Perry, “as many manufacturers our size are not certified to this stringent medical
Greif, Inc. (Greif) (NYSE: GEF, GEF.B), a global leader in industrial packaging, today announced that it has issued $250 million aggregate principal amount of 7-3/4 percent Senior Notes due 2019. The new senior notes, which closed July 28, were issued in a Rule 144A and Regulation S offering. The net proceeds from the issuance of the new senior notes are to be used for general corporate purpo
The Board of Directors of Albemarle Corporation (NYSE: ALB) declared today the quarterly dividend of $0.125 per share. The dividend is payable October 1, 2009 to shareholders of record at the close of business as of September 15, 2009. The annualized dividend rate is 50 cents per share.Albemarle Corporation, headquartered in Baton Rouge, is a leading global developer, manufacturer and marketer of
When CNC milling equipment requires excess time for programming or is difficult to operate, productivity suffers. One injection mold manufacturer in Pennsylvania is taking the bull by the horns. The Makino KE55 Includes: Geometric Intelligence: This feature analyzes and optimizes the feed rate based on the pro
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