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Lower Interest Rates Help Boost March New Home Sales

The median sales price was $302,700, with strong gains in homes sold at lower price points.

May 21, 2019

Sales of newly built, single-family homes rose to a seasonally adjusted annual rate of 692,000 units in March 2019 after a slightly revised February report, according to data released by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

Shurtape Adds Four Sales Managers to Industrial Packaging Team

Shurtape Technologies’ new territory sales managers include Brad Davis, Brock Byers, Randy Krabbenhoft, and Kelley Wickert.

May 20, 2019

Shurtape Technologies, LLC recently announced the expansion of its Industrial Packaging-North American team with the addition of four territory sales managers.

Evonik to Reorganize High-Performance Polymer Business, Expand Polyamide Capacity

Evonik reports that it is concentrating its activities on high-performance materials for attractive growth markets such as the automotive, oil and gas, 3D printing, and optics industries.

May 20, 2019

Evonik recently announced that it is reorganizing its business for high-performance polymers within the polyamide group.

Multiple End-Use Industries Driving Increasing Demand for Advanced Composites

Advanced composites are widely employed across verticals like aerospace, automobile, construction, sports, and military.

May 20, 2019

The global advanced composites market is currently experiencing strong growth and projected to grow at a CAGR of around 9% from 2019-2024.

Covestro CEO MacCleary to Retire at Year’s End

Jerry MacCleary’s retirement caps a 40-year journey at Covestro; he first joined the company in November 1979 as an accountant.

May 17, 2019

Covestro LLC recently announced that Jerry MacCleary will retire from his current position as CEO and chairman of the board, effective December 31, 2019.

LeBlanc Joins FLEXcon North America as Director of Marketing

Keith LeBlanc reportedly brings a wealth of experience to his new role, including over 15 years in marketing, account management, and brand management for small to large manufacturers.

May 17, 2019

FLEXcon Co., Inc., recently announced that Keith LeBlanc has been appointed director of Marketing for FLEXcon North America.

VanHaerents and Paskonis Join Avery Dennison’s Automotive Team

Michael VanHaerents has been appointed to the role of business development manager, automotive OEM, while Kristina Paskonis has been named key account manager.

May 16, 2019

Avery Dennison Performance Tapes North America recently announced the appointments of Michael VanHaerents and Kristina Paskonis to key roles on the company’s automotive team.

DOE Recognizes Eastman Chemical for Manufacturing Leadership

The DOE reports that Eastman has improved its energy productivity by approximately 12% since joining the Better Plants Challenge, putting the company more than halfway toward meeting its goal.

May 16, 2019

The U.S. Department of Energy (DOE) recently announced that it had recognized the energy productivity achievements of Eastman Chemical.

Henkel Acquires 3D Printing and Industrial Inkjet Company Molecule

Molecule provides advanced solutions for 3D printing applications (including medical device, aerospace, automotive, and a variety of consumer goods) and industrial inkjet materials.

May 15, 2019

Henkel recently announced its acquisition of U.S.-based Molecule Corp., a privately owned, technology-driven enterprise focused on product innovation in additive manufacturing.