Manufacturing Excellence
Coronavirus is Slowing Production in China
Alex Hoffer is quoted extensively in this Chicago Tribune article dated 2/28/20. To read the complete article, click here. AllCell Technologies employee Jerlene Jackson uses a heat gun to wrap rechargeable battery cells. (Abel Uribe / Chicago Tribune) . . . . In South Elgin at Hoffer Plastics, the family owned custom injection molding…
Read MoreThe Concept of Circularity
Read about exciting initiatives around the globe as visionary leaders work to move us toward a more circular economy The Concept of Circularity Can you envision a global economic system where products are conceptualized and designed for re-use or re-purposing from the onset? That describes a circular economy. It’s all about reuse, sharing, repair, refurbishment, re-manufacturing…
Read MoreHow 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…
Read MoreHoffer Plastics Expands Family Leadership Roles
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…
Read MoreIt’s Mid Year 2019. Time for a Turnaround?
It’s Mid-Year 2019. Time for a Turnaround? July is the heart of summer, but also marks the onset of the second half of the year. Much like making resolutions in January, the second half is a great time to reassess and get back on track for achieving personal and professional goals. Stay cool, and go for it!…
Read MoreLimited Growth Among 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 sales per firm is $284.7 million, holding steady compared with last year.
The general trend in automotive was down, although a few lucky firms managed to grow. Medical molders also grew. I read many annual reports where company executives explained that their sales increases were due to resin pricing pass-through to customers.
For those firms reporting growth at the top 100, the average increase was 15 percent. The figure rises to 23 percent if you include acquisition-related growth. Six percent of the top 100 executives in this list are women.
National Safety Month
June is National Safety Month! Learn about the devastating impact of workplace injuries and simple steps you can take to improve safety on the job. Welcome, summer, and a shout out to all the grads, dads and father figures this month. The High Cost of an Unsafe Workplace In the U.S., a worker is injured…
Read MoreNational Inventors’ Month
May is National Inventors’ Month! We highlight new products, inspirations and thoughts on improving innovation in any context. And as Memorial Day closes out the month, please remember to thank a Vet and honor all who’ve served. Hoffer Plastics and BBC Cellpack Team at the Plastics Pouches Trade Show, Vienna, April 2019 Spotlight on Hoffer Plastics…
Read MoreNational Consumer Protection Week
In comes March – and with it, March Madness, Daylight Savings Time, St. Patrick’s Day and the start of Spring. Within all this excitement humbly lies National Consumer Protection Week. This month, we we focus on the importance of continuous innovation to keep products, and people, safe. Spotlight on Hoffer Plastics: High Speed Lining for Signature Drop-Lok™ Closures…
Read MoreNational Engineering Week
This February, we celebrate National Engineering Week and American Heart Month Spotlight on Engineering Innovation: Hoffer Plastics Tether Lok™ Closure The Hoffer Engineering team played a key role in developing and successfully launching an innovative new closure for flexible pouch packaging. Tether Lok™ is a one piece spout and cap fitment, ready to be installed on horizontal…
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