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Graco Plans for Growth with Purchase of Land in Minnesota

The purchase will allow two of Graco's three business divisions currently operating in Minneapolis to relocate.
February 11, 2021
Graco Inc. recently announced that it has purchased approximately 100 acres of undeveloped land in Dayton, Minn., which are part of the French Lake Industrial Center.
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ASC Announces Call for Entries for Annual Innovation Awards

The awards identify impact chemistries that contribute to downstream industries’ unmet needs and technology advancements.
February 10, 2021
The Adhesive and Sealant Council (ASC) recently announced that entries are open for its annual Innovation Awards Program, which is designed to recognize innovation in adhesive and sealant product developments.
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market trends

Avery Dennison Net Sales Essentially Flat for Fiscal 2020

The company reported net sales for fiscal year 2020 declined 1.4% to $6.97 billion, while net sales in the fourth quarter were up 12.3% to $1.99 billion.
February 10, 2021
Avery Dennison Corp. recently announced preliminary, unaudited results for its fourth quarter and fiscal year ended January 2, 2021, and provided an update related to the impact of the COVID-19 pandemic on the company.
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residential construction

Builder Confidence Suffers in January on Rising Material Prices, Upsurge in COVID-19 Cases

Despite the drop, builder sentiment remains at a strong level.
February 9, 2021
Rising material costs led by a huge upsurge in lumber prices, along with a resurgence of the coronavirus across much of the nation, pushed builder confidence in the market for newly built single-family homes down three points to 83 in January, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index.
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Viscotec Singapore

ViscoTec Asia Celebrates 10th Anniversary

The company opened a representative office in Vietnam in 2018 and plans two more sales offices outside Singapore and Vietnam in the next two to three years.
February 8, 2021
On February 7, 2021, ViscoTec Asia celebrated 10 years of growth in the world of handling fluids and pastes with high-precision dosing technology.
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sustainability

Arkema and Partners Publish Results for Sustainable Castor Bean Program

The project goal is to enable sustainable castor production through good agricultural practices, efficient use of water and soil, adoption of waste management practices, and respect for human rights.
February 5, 2021
The founding members of the Pragati project for sustainable castor crops—Arkema, BASF, and Jayant Agro-Organics, along with implementation partner Solidaridad—recently finalized and published the final audited and certified results of the fourth year of their program.
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