GRAND RAPIDS, MICH. (Oct. 16, 10:25 a.m. ET) — The U.S. thermoforming industry is financially solid and enjoys a stable workforce, but needs capital investment to replace older equipment, said Jeff Mengel, a partner with Plante & Moran in Chicago. The average age of a thermoforming press is 14 years old, Mengel said at the Society of Plastics Engineers Thermoforming Conference.
This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.Learn more
This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.Learn more
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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.