Crypton announces hires for new organization roles

March 7, 2025  |  Company News, News

Crypton, Bloomfield Hills, Mich., has announced the addition of two new roles in its organization. Kristen Schoenfield has been named the company’s new customer experience director and Kyla Herbes as the company’s new content marketing manager. “With these new roles we look to reinforc…
Mexico and Canada tariffs paused until April 2

March 6, 2025  |  Industry News, News

President Donald Trump announced March 6 that he would pause the 25% tariffs on U.S. imports from Mexico and Canada covered under the United States-Mexico-Canada Agreement (USMCA) until April 2. The president initially announced a delay in tariffs on imports from Mexico in a social media post after …
Lars Börger appointed as nova-Institute co-CEO

March 6, 2025  |  Company News, News

Lars Börger, Ph.D., has been appointed the new co-CEO of nova-Institute. Börger will serve as co-CEO alongside nova-Institute’s current CEO, Michael Carus. He officially started his role on March 1. nova-Institute has been driving the transition away from fossil resources in the chemicals, p…
As tariffs begin, auto industry given one-month exemption

March 5, 2025  |  Industry News, News

Imports from Canada and Mexico to U.S. automakers were given a one-month exemption to new tariffs on goods from these two countries, which began March 4.
Jennie Hermans joins Herculite’s accounting team

March 5, 2025  |  Company News, News

Herculite Products Inc., Emigsville, Pa., announced that Jennie Hermans has been hired as an assistant controller within the company’s accounting group. Hermans will oversee key financial functions in this role, including budgeting, financial reporting, audit and tax compliance, and internal c…
MycoWorks releases new performance data for Reishi biomaterial, launches e-commerce site

March 4, 2025  |  Company News, News

MycoWorks, a biotechnology company based in Emeryville, Calif., has released the latest performance data for its mycelium-based biomaterial, Reishi™. The material has also launched commercially on its e-commerce site HERE. Through a collaborative effort between MycoWorks’ San Francisco, Cal…
Consumer spending fell for first time in nearly two years

March 3, 2025  |  Industry News, News

Consumer spending in the U.S. dropped 0.2 percent in January—the first monthly decline since March 2023.
Precision Textiles, Culp Home Fashions launch flame-resistant inlay yarn

March 3, 2025  |  Company News, News

Precision Textiles, Fairfield, N.J., announced the company has partnered with Culp Home Fashions, Stokesdale, N.C., to launch the patented IQ Flame Resistant (FR) Inlay yarn for the bedding and mattress industry. The yarn allows manufacturers to produce mattress covers with FR technology without the…
3 TVF senior sales consultants retire

February 28, 2025  |  Company News, News

Three of TVF Inc.’s longest-serving senior sales consultants are retiring, including Shelly Hirschinger, James Durant and Jim Prestipino. “James, Jim and Shelly exemplify the highest standards of excellence in sales,” says Tad Calahan, president of TVF. “Their extensive knowledge and custom…
Public comments on trade open, tariffs begin next week

February 27, 2025  |  Industry News, News

The USTR opened its invitations last week for public comments on foreign trade practices and the Section 301 sanctions on China as tariffs are slated to begin.