Press Release
Hoffer 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 MoreRemembering 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 in finding a cure.
Read MoreGretchen Farb Named Crain’s Notable Women in Finance
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 million . . .
Read MoreChina Tariffs Will Hit Consumers Hard
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.”
Read MoreFallout from China Trade War
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.”
Read MoreHoffer Plastics Adds High-Speed Lining Machine
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.”
Read MoreHoffer hopes to lead family business to 100 years
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.”
Read MoreHighlighting the best millennials in plastics
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.”
Read MoreHoffer Plastics Scores Two Big Wins with Flexible Pouch Closures
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.”
Read MoreCEO Unplugged to Feature Hoffer Plastics
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.”
Read More