I recently sat in a bidder’s conference where each of five firms was asked to give a 30-minute presentation on its organization and capabilities. Each gave a glossy PowerPoint presentation ranging from 18-20 pages. Not surprisingly, they all were using similar equipment, had similar plants and information systems. All the participants gave excellent presentations. Only one thing was missing — differences.
Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.
Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.
In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.
Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.