Westlake moves to streamline U.S. feedstock operations

Westlake Corporation plans to shut several U.S. PVC, VCM, and chloralkali plants in response to weak market conditions and excess capacity. The move targets higher-cost assets while maintaining customer supply and reflects broader industry efforts to rebalance wire and cable feedstock markets.

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Marmon Fastener Vietnam production hub

Marmon Fastener Company has leased a ready-built factory at BW Nhon Trach 1 Industrial Park in Dong Nai, Vietnam, creating its first production base in the country. The plant will produce screws and fasteners for North America, shortening ramp-up time and reinforcing Marmon’s global, cost-effective and resilient supply chain footprint.

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Reel Power acquired by StoneTree Investment Partners

StoneTree Investment Partners has acquired Reel Power International, including its Oklahoma City headquarters and manufacturing facility and its Houston‑based Marine & Energy business. Reel Power plans to leverage the new ownership to invest in technologies that enhance safety, efficiency and reliability for wire and cable handling and offshore energy customers.

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