Husky Injection to sell

first_imgHusky Injection to sellHusky Injection Molding Systems has announced it is putting itself up for sale. They have opened an auction for a Canadian global leader that ranks consistently among the country’s best places to work and the most environmentally conscious corporations.Husky has a factory in Milton, Vermont, which employs 350 people on a 700-acre campus. This facility is one of four plants in the world that makes equipment which is used in the plastic industry for Husky, stated Dirk Schlimm, Husky’s vice president of corporate affairs. The other facilities are located in Luxembourg, China and Ontario.Husky is the world’s largest brand-name supplier of factory machinery to make plastic products ranging anywhere from soda bottles to car bumpers. Husky has considered selling part or all of the company’s shares or coming up with a combination with another business. Founder and major shareholder Robert Schad, who owns 44 percent of the company, is considering selling his shares. The second-largest shareholder is AIM Funds, with 13 percent.Citigroup Global Markets has been hired by Husky as their financial adviser, but there is no certainty that the company will actually be sold.Schad believes that the current market valuation does not reflect their strong competitive position, which Husky has worked to improve over the past decade. Schad stated that over the past decade, Husky has worked to develop their leading technology platform, expand their markets and distribution network, improve their operations and build a strong management team.The company had a net loss of $7.7 million in its first quarter, which ended October 31. A year earlier the loss was recorded at $9.3 million, as sales increased to $191.5 million from $175.9 million.The Husky campus was founded in 1953 as a small machine shop by Schad after he immigrated from Germany. The production campuses are surrounded by pesticide-free landscaping and include perks such as exercise rooms and healthy-choices cafeterias.His first product, a snowmobile called the Huskymobile failed, before he found the company niche in specialized mold making. High-speed injection molding machines were added in the 1960’s.In the 1970’s, Husky began making systems to produce forms for polyethylene terphthalate. Husky now claims 70 percent of the global market for soda-bottle machinery. It has also spread into automotive, packaging and telecommunications applications.last_img read more

Margaret R. Feldman, 100

first_imgMargaret Rosalyn (Stier) Feldman died on June 8, 2017 in her home in Richmond, Virginia. She was preceded in death by her husband of 68 years, Clarence Henry Feldman; grandson, Douglas Feldman; son-in-law, Michael McEvoy; parents, Stephen and Olivia (AmRhein) Stier; her siblings and their spouses: Matilda, Sr. Mary Catherine, Sr. Olivia Marie, Sr. Anna Marie, Joseph (infant), and Francis Stier (Florence); Christine Eder (Gilbert), Loretta Zoellner (John), Eleanor Peters (Bill), and Helen Hannigan (Jim). She is survived by her children Stephen Feldman (Judy), Dottie Klammer (Manny), Theresa Siefker (Bob), Mary Feldman, and Anne McEvoy (Michael “Reb”). Born on August 5, 1916 at Harris City, IN, she moved with her family to Greensburg at age three and lived there until 2006. She supported her husband in his hardware business, The Gamble Store, always ready to substitute if an employee was unable to work, to help out during busy seasons or sales, and to make pick-up or delivery trips to Indianapolis. She was a member of St. Mary Catholic Church, until she moved to Richmond where she attended St. Benedict Catholic Church. She sang in the choirs at both churches, as well as at Sacred Heart Catholic Church in Okeechobee, FL, when she and Clarence wintered there. She loved God and spent many hours watching EWTN and praying for her family and her world. Some people called her the “rosary lady,” because she always kept rosaries in her purse to give to restless children during Mass. Others called her the “cross lady,” because she made beautiful ribbon-on-plastic-canvass crosses to give to various individuals and groups. Fun-loving and generous with her time, she enjoyed helping others and always had an open heart for friends, relatives, children, and strangers. In the 1950s, she became a licensed beautician, but rather than using her skills to make money, she fixed the hair of family, friends, and residents in nursing homes. She was a member of the Daughters of Isabella, St. Lawrence Ladies Auxiliary #100 Knights of St. John, the Red Cross, and the YMCA. As a Red Cross member, she organized volunteers for Decatur County Memorial Hospital to serve at the front desk, directing visitors to various locations, delivering flowers to patients’ rooms, etc. She loved her family dearly and went out of her way in so many ways to help them: reading mail daily to her blind sister, helping one daughter drive to California to begin a new job, driving to Virginia to deliver a piano to another daughter, helping out with new grandchildren, and always willing to take her sisters, who couldn’t drive, to appointments or family gatherings. Even in her last months, when she became bedridden, she had a ready smile and sparkly eyes for everyone who visited her. She rarely complained of pain, probably offering it up for the souls in Purgatory. At the death of a friend, she once wrote, “It’s so hard to lose someone you love and care about. Life doesn’t always deal us what we think is fair, but with God’s help we manage to get over the rough spots. Time will mend the hurt and dry the tears, but it is truly family, friends, neighbors, and even those we don’t know, who make the process go much more quickly. I want you to know that I care about you and you are in my thoughts and prayers. Lovingly, Margaret.” Family and friends will gather at 4:00 p.m. on Friday at the funeral home to pray the rosary.  Visitation will follow the rosary until 8:00 p.m. at the Porter-Oliger-Pearson Funeral Home in Greensburg.  Visitation will also be held from 9 – 10:00 a.m. on Saturday, June 17, 2017 at the St. Mary’s Catholic Church.  The Mass of Christian Burial will be celebrated at 10:00 a.m. with Rev. John Meyer officiating. Interment will be held in the St. Mary’s Catholic Cemetery. In lieu of flowers, donations may be given to St. Mary Catholic Church music program. Online condolences can be made to the family at www.popfuneralhome.comlast_img read more

Syracuse prepares for intense, tight-game matchup against St. John’s

first_img Facebook Twitter Google+ Published on January 23, 2013 at 12:22 am Contact Kevin: [email protected] Syracuse has not participated in many close games this season. In its last nine games, only one final score has been within 12 points, and that was an 84-80 win against DePaul last Tuesday.But considering the way the team conducts itself in practice, Syracuse finds little trouble flicking the switch when it counts.“We have a lot of those in practice,” SU head coach Quentin Hillsman said, speaking on the simulation of down-to-the wire games. “Our games in practice, when we scrimmage, it’s either a blowout or it’s tight.”The experience of simulating tight games could prove critical as the Orange (15-2, 3-1 Big East) works its way through a pivotal stretch of the season. After falling to Connecticut 87-62 Saturday, Syracuse continues its three-game road trip Wednesday for a rare 11:30 a.m. tipoff at St. John’s (9-7, 3-1), where it hopes its practice habits pay off with a victory.The Red Storm is coming off of a 74-50 loss at No. 2 Notre Dame Sunday after three consecutive conference wins to open its Big East campaign. SU is unranked in The Associated Press Top 25 poll, but is No. 22 in the USA Today Coaches Poll, matching its highest-ever ranking in that poll.AdvertisementThis is placeholder textOn Saturday, the Orange hung within single digits of the Huskies for most of the first half, and trailed by 12 at the break. No. 3 UConn pulled away midway through the second half.Syracuse was hindered by the loss of senior center Kayla Alexander for most of the game, as Alexander drew two early fouls and played just 11 minutes. Alexander enters Wednesday’s game 16 points behind Nicole Michael (2007-10) for the most in program history.While Syracuse came away with a loss, it played tough for the duration of the game.Guard Rachel Coffey pointed to last year’s run in the Women’s National Invitation Tournament,when the Orange won a 74-73 overtime battle at Toledo in the quarterfinals before losing 74-71 at James Madison in the semis, an important educational experience for these types of games. In the Toledo game, Coffey forced overtime when she buried a 3-pointer with 2.4 seconds remaining in regulation.“We’ve been in a lot of games, like in the Final Four in the NIT, we had to make a shot at the end with two seconds to go, or something like that, to get into overtime,” Coffey said. “So we’ve kind of all been in every situation.”Wednesday’s matchup in Queens, N.Y., appears to be a more even matchup than Saturday’s. Although the teams have not played any common Big East opponents to date, SJU appeared to have found its stride prior to the Notre Dame letdown, with blowout wins against Seton Hall and Pittsburgh by a combined 55 points.St. John’s is led by senior guard Shenneika Smith, who averages 15.5 points and 7.9 rebounds per game in the season to date.“She always wants to make sure the team is winning,” St. John’s head coach Joe Tartamella told GoJohnnies.com. “We know what we are going to get from her each and every game.”In a potentially even matchup, the Orange will need to draw on its tight-game experience against St. John’s. If the game comes down to the wire.Against the Blue Demons, SU showed toughness down the stretch with patience and timely offensive rebounding, notably from veterans like Carmen Tyson-Thomas.It’s games like the one against DePaul that reinforce Hillsman’s rationale behind how much he makes his team run during practices. Whether the scenario involves a close game or a blowout, the team is trained to play hard and maintain intensity in all situations, Hillsman said.“It’s amazing. They’re always like ‘One more possession,’” Hillsman said. “I’m like, ‘You’re down 30, it’s not going to matter.’”Also helping the Orange in tense late-game situations is the fact that the team maintains a strong veteran contingent, one that’s seen its share of matchups come down to the last few possessions.Said guard Elashier Hall: “It’s what we live for.” Commentslast_img read more