Good morning! Husky Technologies has announced a deal to combine with CompoSecure, a financial technology provider. The combined company will be worth an estimated $7.4 billion.
On this week's Machinery Minutes podcast, we lead with a recent report from the American Chemistry Council about the economic potential of recycling. That includes advanced recycling technologies, which we also discuss in the podcast.
We also have a new feed system from Bay and a winner in an SPE Automotive Division competition.
The ISM (Institute of Supply Management) Manufacturing PMI fell again in October, but plastics and rubber products reported growth, according to our colleagues at IndustryWeek.
Lynne Sherwin, managing editor