April 2, 2019 Updated 4/2/2019 Email Print Lakeland Tool & Engineering Inc. Lakeland Tool & Engineering Inc. will operate as a subsidiary and sister company of Plastech Corp. North Branch, Minn.-based Frandsen Corp. acquired the assets of Lakeland Tool & Engineering Inc. and will run it as a subsidiary and sister company to Plastech Corp.
Read More...Just two months after the New York Times reported that Texas and New Mexico’s Permian Basin could surpass Saudi Arabia’s Ghawar oilfield to become the highest producing oilfield in the world in the next three years, data released this week provided a new take: It already did. Now we know the Permian basin is now
Read More...Casey Fleming, chairman and CEO of Black OPS Partners, visited CERAWeek by IHS Markit last month with a message warning companies to be proactive. A new world of rivalries sees several adversaries, including Russia and China, employing people to steal data and innovation from the U.S. energy sector, says Fleming. This post appeared first on
Read More...April 2, 2019 Updated 4/2/2019 Email Print Atlas Mold Inc. Atlas has been adding about three electric injection presses per year for the last five years and currently has 38 presses ranging in size from 20-310 tons of clamping force. Johann Hofschuster got into the mold making business back in 1979 with help from friends
Read More...April 2, 2019 Updated 4/2/2019 Email Print Engel Holding GmbH Engel Holding GmbH’s new plant in San Pedro, Mexico. Mexico City — Engel de Mexico, part of Austria-based injection press and robot maker Engel Holding GmbH, has opened a second location in Mexico, in San Pedro near Monterrey, a center of the automotive, packaging, telecommunications
Read More...Tom ShepstoneShepstone Management Company, Inc. The Rockefeller gang, in the guise of 350.org and its affiliates is trying hard to kill the NESE project by playing Andrew Cuomo. Or, is it the opposite? It’s amazing how easy it is to manipulate New Yorkers and, especially, the New York press. There is a major move
Read More...April 2, 2019 Updated 4/2/2019 Email Print Liz Fisher Fisher Liz Fisher was drawn to the plastics industry in particular because of her previous background in automotive interior trim. Fisher, a human resources generalist at Advanced Composites Inc. in Nashville, Tenn., worked at Commercial Vehicle Group Inc., which designs and manufactures cab-related products and serves
Read More...Upstream producers Concho Resources Inc. and WPX Energy Inc. are cashing in their stakes in the largest privately-held midstream crude operator in the Permian Basin as part of Stonepeak Infrastructure Partners’ multibillion-dollar takeout on April 2 of Oryx Midstream. Midland, Texas-based Oryx Midstream owns and operates a crude oil gathering and transportation system—the Oryx I
Read More...Tom ShepstoneShepstone Management Company, Inc. Though repeatedly warned, Grant Township let itself be used by the radical CELDF as a tool to trigger a Marxist-type revolution, and is now going to pay. Last month I wrote about how even the anti-gas Pennsylvania Attorney General’s office had identified just how dangerous the Community Environmental Legal Defense
Read More...Crude oil jumped more than 2%, to new 2019 highs Monday, with Brent crude touching $69 a barrel, after positive signs for the global economy and tighter supplies powered West Texas Intermediate and Brent prices. U.S. WTI futures settled up $1.45, or 2.4%, to $61.59/Bbl, after reaching their highest price in nearly five months, at $61.72/Bbl,
Read More...General Electric Renewable Energy held a ceremonial groundbreaking Monday in Rotterdam, The Netherlands for its behemoth 12-megawatt wind turbine. Designed as an offshore wind turbine, the GE Haliade-X 12 will be built onshore to “facilitate access for testing.” Construction of the turbine’s foundations began earlier this year. Its nacelle, blades and tower parts will arrive later this
Read More...Oilfield services firm Parker Drilling Co. announced its common stock has been approved for listing on the New York Stock Exchange. Parker expects its common stock will begin trading tomorrow under the trading symbol “PKD,” the same trading symbol used for the company’s common when it was listed previously on the exchange. Last December, the
Read More...Encino may have retained Chesapeake’s office and 110 employees; however, it’s committing to a business model of its own, according to the Canton Repository. Texas-based Encino Energy plans to focus on proven reserves and a healthier balance sheet rather than spending freely to explore new areas and accumulating debt. Encino Energy, a partner in Encino
Read More...Tasnim Al Mzaini, digital unit, Abu Dhabi National Oil Company sat down with Jessica Morales at CERAWeek by IHS Markit. Al Mzaini discussed a recent survey where ADNOC polled millennials and the future Generation Z workforce. The survey looked at where opportunity lies in recruiting, what the key drivers are and how the generations view
Read More...When you think of Saudi Arabia you think of a nation that is oil and gas rich and its current energy mix—51% oil and 49% gas—does nothing to dispel that reputation. But Paddy Padmanathan, the CEO and president of Saudi Arabia-based ACWA Power International, envisions a day soon when renewable energy sources will dominate the
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