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Ecomonics

Index Sees Another Month of Volatile, Slowing Growth

Registering 51.4 for August 2018, the Gardner Business Index (GBI): Moldmaking recorded another month of volatile but slowing growth since reaching an all-time high in February.

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Supply Chain

Alro Steel Acquires Sedalia Steel Supply

Alro Steel has acquired Sedalia Steel Supply.

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Mitutoyo America Announces Grand Opening

The Mitutoyo America Corp. M3 Solution Center opened on October 25, in Mason, Ohio.

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Marketing

Up Close with Engel LSR Technology

Engel’s Open House, run in conjunction with the LSR 2018 Conference in Anaheim, CA brought over 100 guests up close to the latest in LSR molding technology.

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Establishing a Production Startup in Mexico

In 2014, German moldmaker Siebenwurst established a subsidiary company in Querétaro, Mexico. It not only provides support to other German companies in the region but also uses its extensive machine park to produce new molds for a growing customer base.

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Automotive

SPE Announces Lifetime Achievement Award Winner

Dr. Rose Ryntz will be honored as the SPE Lifetime Achievement Award winner at the Automotive Innovation Gala in November.

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The Impact of Tax Reform on Bonus Depreciation

Tax reform made the following changes to the bonus depreciation rules: a new 100-percent bonus depreciation percentage, an expanded definition of eligible property to include used depreciable property, and an extended placed-in-service phase-out date from before January 1, 2020, to before January 1, 2027.

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Leadership

Seco Tools Joins OMIC as Manufacturing Partner

The Oregon Manufacturing Innovation Center Research and Development (OMIC R&D) continues to grow its company membership with the recent addition of global cutting tools manufacturer Seco Tools LLC.

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Marketing

SPE Opens Mold Technologies Grant Application

The Mold Technologies division of the SPE is looking for qualified high school or college vocational programs interested in its annual grants.

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Observations on Setting Up a Moldmaking Operation in Mexico

MoldMaking Technology editorial advisory board member Tim Krieger of Krieger Craftsmen Inc. shares some observations made while establishing a new operation in Guadalajara, Mexico.

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