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Kathleen Sawyer, Executive Vice President of Esterle Mold & Machine Co., has announced a major expansion to the company’s Stow, Ohio plastics facility. The additonal 30,00-square-foot facility will house a 2,600-ton injection molding machine as well as a 40-ton overhead crane.

Recent developments in the Ohio Environmental Protection Agency’s (OEPA) review of the Belmont Cracker Project have given the green light to move forward with the nearly $6 billion ethane cracker plant development.

Stark County, Ohio, commissioner Richard Regula is dedicated to expanding the petrochemical industry in Ohio and using shale gas to rebuild the state’s manufacturing base. Over the past six years, more than 2,400 gas wells have been drilled using hydraulic fracturing.

Advanced Polymer Coatings, Inc. (APC), based in Avon, Ohio, has entered into an exclusive North American distribution agreement with Strathmore Products to bring APC’s custom lining solutions to the rail industry.

PhilPott Solutions Group’s new CEO Jim Vaughn has big plans for the company. In addition to working tirelessly to bring the company’s plastic injection and rubber molding work back from China, Vaughn has made plans to use the 43,000-square-foot plant that PhilPott purchased in 2016 to move the company’s West Virginia chemical operations to Aurora, Ohio.

NASA Brings New Contract Opportunities to Ohio Small Businesses Ohio, Kentucky, Pennsylvania and West Virginia have joined forces with NASA to bring new contracting opportunities to small businesses in the region. “Reaching High – Aerospace Business Matchmaker,” is scheduled for July 17-18 at Ohio University, Athens, Ohio. Day 1: NASA officials and prime contractors, and […]

On Friday, March 2nd, the dean of the University of Akron’s College of Polymer Science and Engineering (CPSE), Eric Amis, announced he would relinquish his position in June of this year. This is just the latest in a reduction of staff that the college has seen over the past two to three years–staff that has not been replaced by the financially strapped university.

While Congress considers the new tax reform plan, you may want a jump start on what the plan could mean for the R&D Tax Credit. You can be certain that tax professionals such as those with our partner Tax Credits Group are keeping a close eye on the progress of the tax reform. Their expertise allows them to shed some light on what you should know now, even though the reform has yet to be finalized.

If recent trends are correct, now could be a very good time to own a polymer, plastics or specialty chemical company if you are interested in selling. According to Bill Ridenour, founder of Polymer Transaction Advisors, pricing for these companies is at the highest it’s ever been in terms of multiple earnings.

The Ohio Development Services Agency (ODSA) has opened the application process for the 2018 Ohio Incumbent Workforce Training Program. From their News Release: “Online applications will be accepted on a first-come, first- served basis and can be submitted on October 12, 2017 between 10:00 a.m. and 5:00 p.m.”. Read the full News Release…

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