Manufacturing Industry
Canadian mold maker closes down.
Plastics News, February, 2007
Byline: Michael Lauzon Another auto-intensive mold maker has gone bankrupt. Hallmark Technologies Inc., one of the biggest injection mold builders in the Windsor, Ontario, area, locked its doors Feb. 15. The 34-year-old private firm employed about 150, but in better times staffed roughly 180.
Hallmark billed itself as a lighting and multimaterial specialist with an injection molding business to complement its tool building. The bankruptcy was the latest blow to the Windsor area, which has seen mold shops and plastics plants close and cut jobs as Detroit's economic troubles work their way through the supplier chain. Windsor is especially vulnerable because the auto industry supports about a third of the local economy. Hallmark suffered from general mold...
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