STAMFORD, CONN. (Nov. 19, 1:10 p.m. ET) — As promised, Nestle Waters North America Inc. is beginning to incorporate a high percent of recycled PET into some of its Arrowhead brand water bottles that are made near the $58 million CarbonLite Industries LLC PET bottle-to-bottle food-grade PET recycling plant in Riverside, Calif., that opened earlier this year.
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.