KATY, TEXAS (Oct. 2, 11:55 a.m. ET) — Four years after a change in ownership, Igloo Products Corp. has boosted sales nearly 50 percent, revived its product line with 130 new items and is in the midst of a manufacturing investment that has improved productivity. The company is also adding rotational molding to its in-house capabilities this year with five new manufacturing lines and 20 more employees in Katy.
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.