NEW DELHI (April 19, 1:10 p.m. ET) — Metal is being replaced by plastic in a water dam in India, though the project is still experimental as its viability is being assessed. Rotational molded partitions are being installed in the dam, on a river in Pune.
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.