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Gates Corp. has announced it will be closing its Newton facility in November, laying off 41 workers. This after the Company also announced that its Board of Directors has authorized a share repurchase program of up to $250 million of the Company’s ordinary shares. This authorization is valid through December 2025. This authorization replaces the existing authorization that was set to expire in October 2024.

Chemical Concepts announced the appointment of Andrew Morris as the company’s new Chief Executive Officer, effective August 1, 2024.

In his new role, Andrew will guide the company into a new era of national expansion, focusing on innovation, geographic growth, and operational excellence. His energy, passion, and visionary leadership will play a vital role in the company’s strategic growth and development.

PolyQuest welcomed Andy Fredericks, Brian Goldberg, John Sarrao, and James Nelson – all distinguished industry experts poised to further elevate PolyQuest’s industry standing.

The Detroit Rubber Group welcomes golfers of all skill levels to attend its annual golf outing on Tuesday, August 20, at the Northville Hills Golf Club in Northville, MI. The event, with a 9 a.m. shotgun start, will also include other activities, including a hole-in-one contest, as it has in the past. Event sponsors are encouraged to reach out if interested

Smithers announces its sponsorship of Women of Rubber Division (WORD), a women’s program and networking event at the International Elastomer Conference in Pittsburgh, Pennsylvania. WORD is scheduled to begin at 4:00 p.m. EST on Monday, September 9.

Goodyear Tire & Rubber Company announced that Mamatha Chamarthi has been named senior vice president and Chief Digital Officer, and Will Roland has been named senior vice president and Chief Marketing Officer, both reporting to Chief Executive Officer and President Mark Stewart, effective August 1.

This one-week intensive course provided a comprehensive and consistent training in rubber science, product seal design (for static and dynamic sealings) and producibility. This course of in-depth principles of design is not available anywhere else in the industry or academia and was led by veteran rubber industry experts with a combined 140+ years of experience. One participant said, “This training was extremely useful and lifted my expertise on seals and polymers to much higher levels”.

Cold Jet announced the winner of the 2024 NPE i3 MicroClean 2 Sweepstakes – Design Plastics, a plastic fabrication company based in Omaha, Nebraska. Design Plastics was selected in a random drawing from among 750 eligible entries received during the NPE2024 tradeshow

Integrated with Dow elastomer technologies, the TRU 32 Pro delivers the same dependable consistency as TRU 32 but with enhanced speed and liveliness, making it ideal for advanced competitive gameplay. Its patented hole pattern creates consistent flight and bounce characteristics that complement the fast, responsive nature of its composition. Manufactured in the USA with imported components, the ball is USA Pickleball approved for outdoor competitive play and introduced new levels of pickleball performance. Building on this design, our teams also recently collaborated on a version specifically for indoor play — the TRU 32 Indoor ball.

Datwyler has succeeded in the first half of 2024 in increasing the operating result (EBIT) to CHF 67.5 million and the EBIT margin to 11.8% despite the slight decrease in revenue. In the same period, revenue declined to CHF 572.5 million in a weak market environment. Adjusted for currency effects, this equates to a decline of 2.4%. The acquisition of attractive new business in all business units shows that the long-term growth drivers in the markets are intact and Datwyler is a sought-after partner for new and existing customers. For 2024 as a whole, Datwyler expects an EBIT margin above the prior year and revenue in the range of the prior year.