GW Plastics expansion of Silicones Division could add 50 jobs in Vermont

first_imgGW Plastics Inc,Global precision molder and contract manufacturer GW Plastics announced today the expansion of its Silicones Division in Royalton, Vermont, to support increasing demand. With an initial investment of approximately $3 million dollars, GW will break ground in October 2011 and plans for full occupancy by the first quarter of 2012.GW Silicones offers highly-automated, precision molding and contract assembly services for Liquid Silicone Rubber (LSR) applications, as well as, internal mold design and build capabilities. The new expansion will allow for increased capacity by creating an additional 15,000 square feet, scalable up to 25,000 square feet, including a new ISO Class 8 cleanroom for silicone molding and assembly. The initial expansion will be capable of supporting up to 18 machines. Based upon current projections, GW expects the expansion to add 25 to 50 jobs over the next three to five years.‘The expansion of GW Silicones reflects our commitment to the business and growing manufacturing jobs in Vermont,’ states GW Silicones’ General Manager Mark Hammond. ‘It is encouraging to see our customers recognize the value that GW Silicones is bringing to the market’.About GW Plastics:GW Plastics Inc. – Plastics News 2009 Processor of the Year – is a global, high-precision injection molder, mold builder and contract manufacturer specializing in single-source responsibility for medium-to-high volume, close-tolerance components and assemblies. Ranked among the world’s top injection molding companies GW Plastics’ leading edge technologies, total quality commitment and pursuit of innovation have driven its steady growth since the company was founded in 1955. The financially strong, closely held organization services a portfolio of market leading companies in the Healthcare, Consumer/Industrial and Automotive Safety markets. GW’s capabilities include thermoplastic/silicone injection molding, tooling and assembly including precision conventional, insert, multi-shot and gear molding operating from six ISO Class 8 cleanrooms worldwide. The company’s ISO 9001, 16949, 14001, 13485, and FDA-registered facilities are located in Bethel and Royalton, Vermont; San Antonio, Texas; Tucson, Arizona; Querétaro, Mexico; Dongguan, China; and Cartago, Costa Rica. Royalton, Vermont, USA ‘ September 26, 2011last_img read more

Aim is to make it to the Quarterfinals in the World Championships

first_imgThe U-17 national basketball team of BiH started preparing for the upcoming World Championships in Spain. On this occasion, a press conference was organized in Sarajevo where the officials of the Basketball Federation of BiH, coach Josip Pandža and players addressed the media.Coach of the national team Josip Pandža is satisfied with the start of preparations.“We started on Monday. Boys are constantly making progress, but the injuries of Čampara and Čerkezović corrupt our plans. Čampara has foot issues and Čerkezović suffers from a knee injury. Other players are investing maximum efforts and making progress every day. Regarding Spain, the most important for us is to make it to the quarterfinals, and anything can happen in the knock out stage. The players are very firm and courage and we can mark this championship as well. We have some serious matches in the preparation period, something I am especially looking forward to. Egypt and Turkey are coming to Kakanj on May 24 and 26, then we go to Travnik to an international tournament, and Spain is coming to Sarajevo on June 11 and 12,” Pandža said.Dženan Musa, the best player in the national team, hopes that the people in BiH will be proud of the golden boys again.“We tell everything we have to tell on the court and there is nothing to add, after everything that the coach said. We will try to represent BiH at the World Championships in the best possible light,” Musa said.Apart from presenting players at the press conference, the Basketball Federation of BiH also signed a sponsorship contract with the company Securitas Ltd., thus ensuring conditions for good preparations and performance in Spain.(Source: read more

Liverpool target doesn’t want to leave, insists Lazio sporting director

first_img1 Lazio star Antonio Candreva Liverpool target Antonio Candreva will not leave Lazio, according to the club’s sporting director.The winger was linked with a switch to Anfield in January and it had been rumoured Jurgen Klopp would make another attempt to sign the Italian international in the summer.But Igli Tare has shot down that suggestion, claiming that Candreva and Lucas Biglia – another player linked with a move away from Lazio – will be going nowhere.“I’ve always thought that Candreva and Biglia are two very important players and I don’t think that they have ideas of leaving,” Tare told Corriere dello Sport.“I don’t think there will be problems in the case that they want to leave Lazio, I say that to leave something important you have to have something really important.”last_img read more

Oil key to economic revitalization after Libya’s resurgence

first_imgTRIPOLI, Libya – With the last vestiges of U.S. sanctions swept away, Moammar Gadhafi’s bid to bring Libya back into the diplomatic mainstream has scored a stunning success. Gadhafi’s next goal: an economic revival funded by the doubling of oil production in the coming decade. High-tech U.S. oil-extraction methods should help, as will geography: Libya, on the North African coast, should be immune from disruptions that could snarl the flow of oil from the Persian Gulf. Analysts describe Libya as a country with a bright future, whose emergence from diplomatic isolation is balm to an oil-thirsty world. “Libya and Gadhafi are making all the right moves,” said Dalton Garis, an American oil economist at the Petroleum Institute in Abu Dhabi, United Arab Emirates. “The Libyans have done a lot to normalize things, more than anyone would’ve expected.” AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREBasketball roundup: Sierra Canyon, Birmingham set to face off in tournament quarterfinalsLibya is also one of the few countries with huge oil reserves that is actively encouraging foreign companies – especially American firms – to explore and produce oil. In Bolivia and Venezuela, leaders have joined big oil states such as Saudi Arabia, Iran and Kuwait in reining in foreign oil companies – or booting them out. “It’s a rare opportunity,” said Julius Walker with PVM Oil Associates in Vienna. “There are very few countries with huge reserves like this, where it’s easy to get in.” Libya’s light sweet crude is ideal for refining into gasoline, and its oil fields are far closer to U.S. and European markets than those in the Gulf, where the Straits of Hormuz – a choke point between Iran and Oman – could be blocked in the event of war. On Monday, the Bush administration put Libya back in the game by announcing the restoration of diplomatic relations and Libya’s removal from a U.S. list of state sponsors of terrorism. The move is under congressional review. Libyans displayed mixed reactions to normalized ties with Washington. Abdul-Hakim al-Keeb, who owns an import-export company in Tripoli, said he looked forward to doing business with Americans. “What’s important for us is that travel to the United States becomes easier,” he said. Others said Washington has the most to gain. “I don’t trust America,” said Al-Hadi al-Maqouz, a merchant. “We’ve done without the United States for a long time and we didn’t lose a thing.” Libya’s dramatic rehabilitation comes as the country is emerging from a long period of stagnation. In 1970, the year after Gadhafi deposed King Idris in a coup, Libya’s oil production averaged 3.4 million barrels a day, its highest ever. Production dropped as Gadhafi consolidated power, shut U.S. and British military bases and nationalized oil assets, which restricted oil companies’ roles. Libya’s oil sector bottomed out in the 1980s at 1 million barrels per day. Oil production crept up in the 1990s and currently stands near 1.6 million barrels per day. Now, Gadhafi is seeking $30 billion in foreign investment, aiming to bring production to 1970s levels by 2015 or so. “With the largest reserve base on the African continent, there’s no reason that Libya can’t restore the capacity it had in the 1970s,” said Edward L. Morse at Hess Energy Trading in New York.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more