LIVONIA, MICH. (Dec. 11, 12 p.m. ET) — Everyone in the auto industry agrees that there are some major changes on the way, as automakers work to build cars that will meet future fuel economy standards. The issue for suppliers will be to find the best way to position their business to be in the right place to move with those changes and be among the companies that will help lead improvements. Check out a video interview with Tata Techonology executives at the Plastics in Lightweight Vehicles conference.
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.