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Tide Rock Acquires Plastic Molding Technology

Tide Rock Holdings, a San Diego-based holding company, recently acquired Plastic Molding Technology, a full-service precision injection molding company located in El Paso, Texas.

DoE Announces $2.5 Billion Loan for Battery Plants

The U.S. Department of Energy today announced the closing of a $2.5 billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.