Back in July 2018, President Trump implemented a 25% tariff on China-made plastic injection molds. Unexpectedly in December, the Trump Administration lifted the tariff for at least one year - a decision many say is likely to hurt American mold makers but help U.S. plastics companies that supply automakers. Below we share some insight on the tariff suspension, what it means for mold makers, and what it ultimately means for you.
Due to the current market conditions and increasing demand, the Nylon 66 supply is expected to be tight for several years to come. You can expect an increase in price anywhere from $.10-$.50/lb depending on the grade.
3D printing is a big deal when it comes to today’s technology. The concept alone is enough to wow people, and it’s starting to trickle into several different industries, even in the future making of artificial organs - where it’s called “bioprinting”.
On a surface level, injection molding might seem like a simple process. The idea of it is. The process itself is a little more complex. Within the actual process of injection molding, there is a intricate system of efficiency and cost-effectiveness.
In 1976, Ron Pleasant founded Pleasant Precision, Inc. with his wife, Carol, to produce tooling for the plastic industry. Now located in a 54,000 sq. ft. building in Kenton, OH, Team PPI produces tooling for a wide number of industries that use injection molded components, including consumer products, medical, automotive, appliance, and electrical and electronics industries. Ron Pleasant invented the Round Mate System of tooling in 1989, and developed System II tooling as an advance on Round Mate technology in 1997.
The NPE 2018 “The Plastics Show” took place in Orlando last week, and featured professionals in the plastics industry from 128 countries, and in every field from automotive, to construction, to medical. As members of the plastic and injection molding industry, PPI found that the conference was a key event that could benefit their future success.
NPE 2018 The Plastics Show begins May 7, 2018, and provides access to the people and companies that are influencing the future of the plastics industry. Professionals from 128 countries are gathering to provide a glimpse into the future of plastics. The show features professionals in the fields of appliances, automotive industry, construction, medical devices, packaging, and more.
Technology advances every day, whether it’s in giant strides or baby steps. Advanced manufacturing is how industry leaders find a nexus between the present and the future of technology. Using technology to improve products and processes is a system of advancement like any other. When used in manufacturing, it will make processes more efficient, and further improve the quality of products.