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Paul DiCaprio: A career that shaped SSP

Paul DiCaprio, former President of Specialty Silicone Products (SSP), has retired after a distinguished 21-year career with the company. Paul joined SSP in June 2005 and oversaw several facility expansions, major investments in equipment, and dramatic growth in both the advanced materials and laboratory products sides of their business. Thanks to Paul’s leadership and mentorship, SSP has talented team, strong capabilities, and a bright future.

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Parker Hannifin completes acquisition of Filtration Group

Filtration Group Corporation adds to Parker’s portfolio of highly engineered products and leverages deep technical and application knowledge to serve key growth markets, including life sciences, HVAC/R, and in-plant and industrial. The company’s collection of established product brands are validated, specified and often sole-sourced. These capabilities complement Parker’s interconnected technology portfolio and increase its aftermarket presence, which the company expects will create strong recurring revenue streams across multiple product platforms.

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DESMA announces open house at its main plant in Fridingen

On October 1, 2026, DESMA will once again open the doors of its main plant in Fridingen for its in-house exhibition. Customers, partners, and industry experts will have the opportunity to experience the latest developments and future trends in elastomer processing firsthand. The focus will be on innovative machine concepts, modern automation solutions, and forward-looking technologies.

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USTMA predicts lower tire shipments for U.S. market

The U.S. Tire Manufacturers Association (USTMA) projects total U.S. tire shipments of 330.3 million units in 2026, compared to 336.3 million units in 2025 and 332.7 million units in 2019.

Compared with 2025, Original Equipment (OE) shipments for passenger, light truck, and truck tires are expected to change by -0.7%, -1.9%, and 6.2% respectively, with a total decrease of 0.1 million units. Replacement passenger, light truck, and truck tire shipments are also projected to change by -1.6%, -1.6%, and -7.1% respectively, with a total decrease of 5.9 million units.

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U.S. manufacturing tops economists’ expectations for July

The Institute for Supply Management’s manufacturing purchasing managers index rose to 55.6 in July from 53.3 in June, topping economists’ expectations of about 54.0. A reading above 50 signals expansion in the factory sector. The July figure was the highest since May 2022 and marked the seventh straight month of growth after a prolonged contraction earlier in the recovery.

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