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Hoffer Plastics’ Charlotte Canning Among Crain’s Notable Leaders in HR

SOUTH ELGIN, IL — Hoffer Plastics announced today that Charlotte Canning, Chief People Officer, has been named among Crain's 2020 Notable Leaders in HR, a recognition honoring Chicago area Human Resource leaders who have shown the ability or power to effect change by navigating new ways of recruiting talent; opening new ways to support employees and/or retain talent; improving efficiency; enhancing company culture; and/or promoting diversity and inclusion. Charlotte added: “I commend each and every...
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Hiring Vets: The Jam TV Show

Tom Devens and Charlotte Hoffer Canning talk to The Jam TV about employing those who served.
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How to think about plastics in 2020

Since 1950, approximately 8.3 billion metric tons of virgin plastics have been produced worldwide, the equivalent of 176 million big rigs. Less than 20% of that plastic has been recycled or incinerated, leaving nearly 80% to accumulate in landfills or as litter in our natural environment. Despite its significant contributions to innovation, the plastics industry has garnered increasing criticism over the years for its environmental impact. In a poll conducted by market research firm Morning...
Helping Veterans Get Back to Work

Helping Veterans Get Back to Work

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Hoffer Plastics Expands Family Leadership Roles Effective January 2020

SOUTH ELGIN — Hoffer Plastics Corporation, an industry leader and innovator in the custom injection molding industry, recently announced that CEO William Hoffer will take on a new role as Chairman of the Board effective January 1, 2020. These changes come on the heels of promotions for the third generation of Hoffer family leadership: Gretchen Hoffer Farb, Charlotte Hoffer Canning, and Alex Hoffer, collectively known as "G3" — or “third generation.” William is the second...
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Remembering Cal: A Story of Pediatric Cancer

As we slip into October, let us also remember that September represented Pediatric Cancer Awareness, a time for us all to commemorate those who have lost their fight —and share a moment of reflection to honor those amidst the battle for their young lives. In my recent history, as a Board member of a local Illinois a non-profit pediatric cancer foundation, Cal’s Angels, I’ve learned that awareness is the key to working towards the obstacles...
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Five Human Resource Tips To Improve Your Bottom Line

When most organizations think about human resources, they think of workplace mechanics like compensation, performance, safety, wellness, benefits, and training. When I think about human resources, I think about people. Without a human resource department, there is no dedicated team for attracting, training, and retaining talented people. And without people, there is no business. People should be top of mind for every executive, director, human resources professional, and CEO. Here are five people-focused HR tips...
Gretchen Farb, Chief Financial Officer and Vice President of Value Creation

Gretchen Farb Named One of Crain’s Notable Women in Finance

Gretchen Farb, Chief Financial Officer and Vice President of Value Creation At family-owned Hoffer Plastics, Gretchen Farb oversees the finances of the plastic injection-molding business as well as the Hoffer Foundation. She manages the company’s investments and its 401(k) plan. In the last 12 to 18 months, Farb instituted new enterprise resource planning software and helped lead the company to a record year. Revenue last year rose 12.5 percent to $90...
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Numbers show limited growth among most Top 100 injection molders

Must be summer because it is time to look at the numbers behind Plastics News' ranking of the Top 100 North American injection molders. Look to next week's issue for the smaller firms. There are 102 firms in the top 100 this year, that's due to the three ties at No. 100. The companies have combined molding sales of $29.1 billion. The top 10 alone make up 34 percent of that total revenue. The average...
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China tariffs will hit hard for consumers, independent businesses

For many Americans, President Donald Trump's trade war may soon get very real. His administration is preparing to extend 25% tariffs to practically all Chinese imports not already hit with duties, including toys, sneakers, shirts, alarm clocks, toasters and coffeemakers. That's roughly $300 billion worth of products on top of the $250 billion targeted earlier. "The administration's decision to announce a tax on every product coming from China puts America's entire economy at risk," the...
Tony Ward, left, and Bob Leadingham inspect parts in the tool room at Hoffer Plastics on May 13, 2019 in South Elgin. The custom injection molding company shifted suppliers from China to other countries, such as Vietnam, after the first round of tariffs last year. (Stacey Wescott/Chicago Tribune)

Fallout from China trade war: Illinois firms say you’ll pay extra for furniture, scooters … and a lot more

Tony Ward, left, and Bob Leadingham inspect parts in the tool room at Hoffer Plastics on May 13, 2019 in South Elgin. The custom injection molding company shifted suppliers from China to other countries, such as Vietnam, after the first round of tariffs last year. (Stacey Wescott/Chicago Tribune) With China and the United States embroiled in an all-out trade war, Illinois companies are scrambling to find new overseas suppliers, even as...
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Hoffer Plastics adds high-speed lining machine for signature Drop-Lok closures

Hoffer Plastics Corp. (South Elgin, IL) is known for its innovations in cap and closure technology, including its signature Drop-Lok closures used in a range of rigid and flexible pouch packaging across many industries. The closure features a traditional one-motion, twist-off design, and is available in many types of resin. In many Drop-Lok applications, a lined cap is a key element, providing a crucial barrier for product integrity, quality, shelf life and, most importantly, safety....