Partnership & Collaboration
Four Ways Flexible Packaging Can Strengthen a Circular Economy
Sustainability can’t be something we just talk about in the plastics industry. Not when 87% of the public is worried about the impact of plastics on the environment, according to Accenture. That’s why companies across the country are working to transform the traditional model of plastics production, use and disposal. Circularity ensures that every stage…
Read MoreVote for Hoffer Plastics: Coolest Thing Made in Illinois
Vote for Hoffer Plastics for Illinois Manufacturers’ Association’s Makers Madness: The Coolest Thing Made in Illinois! Our P-15 Tamper Evident Cap and Spout, used by Big Easy Blends, boasts a 46% reduction in plastic compared to similar products on the market today. Plus, it’s engineered to seamlessly integrate with today’s recyclable materials. Join us in…
Read MoreHoffer Plastics Partners with Food for Greater Elgin to Combat Food Insecurity
Donations Drive Facility Expansion, Paving the Way for Hundreds of Bright Futures A singular focus on doing the right thing is at the heart of Hoffer Plastics’ vision. For the 70-year-old company, that means opening its doors and its heart in everyday ways to embrace the greater Elgin community. With this focus on Service in…
Read MoreHoffer Plastics to Participate in U46 School District’s 20-23 Explore Event
Company celebrates Manufacturing Day by showcasing career opportunities to eighth grade students. Education is the key to unleashing a brighter future and at Hoffer Plastics, the passion for igniting a brighter future has passed from generation to generation of family leadership. As the company continues to uphold its service-driven values and a long-standing commitment to…
Read MoreHoffer Plastics Celebrates 5,000th Boys and Girls Club Opening in South Elgin, IL+
Donations from the Community Support the Growth and Development of Future Generations SOUTH ELGIN, Ill. (May 1, 2023) Hoffer Plastics (or “the Company”) is pleased to celebrate the grand opening of the new Boys & Girls Club of South Elgin, representing the 5,000th Club for the Boys & Girls Club of America. The 20,000-square-foot Clubhouse,…
Read MoreHiring Vets: The Jam TV Show
Tom Devens and Charlotte Hoffer Canning talk to The Jam TV about employing those who served.
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 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 Volunteer Month
As April transitions us with rain showers and early blossoms, it also inspires us with National Volunteer Month. A shout out and heartfelt “thank you” to all who give back selflessly in service to others. May you continue to inspire us all! Spotlight on Hoffer Plastics: A Company Culture Centered on “Service” At Hoffer Plastics,…
Read MoreHow Hoffer avoids the ‘blame game’
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 Retail Industry Leaders Association said in a statement. “Americans’ entire shopping cart will get more expensive.”
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