LIVONIA, MICH. (Dec. 27, 12:10 p.m. ET) — Companies will have to work together closely to meet the aggressive corporate average fuel economy and boost recycled content in cars, speakers from Johnson Controls Inc. and Bayer MaterialScience AG said 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.