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M&A, vertical integration guide mold makers to steady growth

Hollee Keller gathered statistics from 10 years worth of mold making ranking histories and found a "10-year, 38 percent gain in the average sales per company. To put that in perspective, the same figure for injection molders was 26 percent."

SyBridge acquires Calframax Technologies as it continues M&A spree

A Southfield-based industrial technology company, backed with millions in private equity funding, is mounting a large-scale acquisition play.SyBridge Technologies Inc., which builds and integrates tooling and mold companies for multiple industries, announced Wednesday that it had made its 12th…

Northam announces $3 4M to advance research commercialization in key tech sectors

Northam announces $3.4M to advance research commercialization in key tech sectors Published Monday, Jul. 12, 2021, 8:33 pm Join AFP s 100,000+ followers on Facebook Purchase a subscription to AFP Subscribe to AFP podcasts on iTunes and Spotify News, press releases, letters to the editor: augustafreepress2@gmail.com (© peshkov – stock.adobe.com) Gov. Ralph Northam today announced that 34 small technology-focused businesses in Virginia will receive a total of $3.4 million in Commonwealth Commercialization Fund grants. The grants will support commercialize research in an array of sectors, including agricultural and environmental technologies, autonomous systems, clean energy, cybersecurity, data analytics, life sciences, and space and satellites. These awards mark the inaugural funding round for CCF, which was developed through the Virginia Innovation Partnership Authority.

Virginia Governor Ralph Northam

Virginia Governor Ralph Northam
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