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US auto sector to hoist the economy

WITH new vehicle sales topping 15 million this year in the US, the auto sector is likely to become one of the key drivers for the economy’s recovery, opined a market research analyst. Anthony Pratt, director of forecasting for the…

Singer Equities acquires Summers Rubber stakes

MARYLAND-based Singer equities Inc. has acquired the operating assets of Cleveland, Ohio-based Summers Rubber Company. The latter, which is operating through eight locations in Ohio and Pennsylvania is recognised as one of the premier industrial rubber distributors in the US.…

Rubber Research buys a Minnesota plant

HONG KONG-headquartered Rubber Research, Inc. has purchased a manufacturing plant in Ogilvie, Minnesota, USA. The three-building plant, spanning 2.4 acres was the former home of Hi-Tek Rubber, Inc.’s manufacturing operations. RRI recently signed an agreement to purchase Hi-Tek. The facility…