OMAHA, NEB. (Dec. 20, 12:40 p.m. ET) — Packaging injection molder Airlite Plastics Co. has begun a $57.8 million expansion in Omaha, Neb. The company will add 43,000 square feet to its 500,000-square-foot operation by next summer.
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.