DETROIT (Jan. 14, 10:45 a.m. ET) — General Motors Co. is upping the ante on carbon fiber for the auto industry, making the composite standard for the hood and roof on its next-generation Chevrolet Corvette. GM unveiled the 2014 Corvette — the seventh generation, or C7, for the sports car — during a special event Jan. 13 in advance of the North American International Auto Show in Detroit. GM has brought back the Stingray name for the new Corvette.
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.