LIVONIA, MICH. (Nov. 7, 10:20 p.m. ET) — For General Motors Co., the Chevrolet Traverse, Buick Enclave and GMC Denali are a big part of its future sales plans. What consumers likely will never realize is the engineering breakthroughs for GM and its supplier Inteva Products LLC that went into the crossover vehicles' interiors. The Society of Plastics Engineers, however, noted the developments by awarding the all-polyolefin instrument panel both the Body Interior award and the Grand Award during the 2012 Automotive Innovation Awards, presented Nov. 7 in Livonia.
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.