In this episode of Machinery Minutes, senior reporter Bruce Geiselman looks at the potential ramifications of President Trump’s announcement that he planned to enact 25 percent tariffs against goods imported from Canada and Mexico.
Though they are currently on hold, the prospect elicited strong reactions from manufacturers, plastic industry leaders and consultants, both positive and negative. We also share ways you can prepare now for potential shocks if those tariffs do go into effect.
We also discuss Hillenbrand's pending sale of an approximately 51 percent stake in Milacron, an Ohio-headquartered manufacturer of injection molding and extrusion equipment, to an affiliate of Bain Capital; and a new spectrophotometer from Byk-Gardner for quality control of small, bright, glossy parts.
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